Canary Capital will debut the first US-based spot XRP exchange-traded fund on November 13, providing full exposure to the asset. Two AI platforms predict an immediate price surge to approximately $3.00 following the launch, followed by a sharp correction toward $2.00–$2.20 as traders secure profits. The projections cite historical sell-the-news patterns observed in Bitcoin and Ethereum ETF launches.

A cryptocurrency analyst has projected XRP could climb to $6 after an initial retracement to $1.90. Ali Martinez, who has over 160,000 followers on X, describes the potential pullback as a buying opportunity before the asset advances toward higher levels. In an extended scenario, Martinez suggests XRP could reach $10 if a bullish flag pattern completes.

XRP has fallen nearly 10% over the past week, trading below $2.30 after stalling at $2.40. On-chain data show long-term holders are now realizing profits during price weakness rather than rallies—a behavior shift from previous cycles that raises questions about near-term momentum.

Bitcoin dropped below $100,000 multiple times in the past week, marking its first sub-six-figure trading since June. Analyst Ali Martinez identified three critical support levels at $98,340, $75,475, and $55,980 using pricing band analysis. Demand indicators have returned to positive territory after weeks of negative readings, according to analyst CW.

Ethereum climbed to nearly $3,500 on November 8 after falling to $3,200 earlier in the day, gaining 4.5%. Analyst Ali Martinez projects ETH could eventually reach $10,000, but suggests the token may first need to drop to $2,000 to flush out weak holders. US spot Ethereum ETFs recorded net outflows of $507.7 million over the past week.