I'm quite sure it won't. Couple of weeks later of introducint 11 series at a good price, it has increased and series 10 did't do lower, maybe now, as series 12 arrives. I doubt it will happen to 11.
According to reports, Xiaomi is looking to release the Redmi Note 12 series outside China a couple of months earlier than anticipated. While it took Xiaomi until Q1 2022 to release the Redmi Note 11 series globally, the likes of the Redmi Note 12 and Redmi Note 12 Pro could debut in Asia and Europe as soon as December.