Canary Capital's move to debut the first U.S. spot XRP ETF on November 13th has traders buzzing, but the setup looks messy. XRP's hovering near $2.40 while whales unload positions—classic distribution pattern before a major catalyst. Ran the scenario through multiple AI models, and both flagged the same thing: expect a knee-jerk pop toward $3 on launch day, followed by a sharp pullback as early buyers take profits. The real test isn't the first 48 hours—it's whether institutional money flows in consistently over weeks. Short-term? Choppy. Medium-term? If inflows mirror what we saw with BTC ETFs, the sustained bid could validate higher valuations. But right now, whale behavior suggests smart money isn't convinced yet. Watch volume and holder distribution post-launch before leaning too bullish.

The long position near 153 that was given long ago has been seized, reaching a high of 161, and the first target has been achieved!!! #CoinDesk11月报告Gate战绩来袭 #广场发币瓜分千U奖池 #XRP现货ETF将上线

$XRP Long Liquidation Alert $16.641K Longs Liquidated at $2.4318 🚨 Market Insight: Massive long liquidation just hit XRP! This flush came right as price lost grip over $2.45 key support. Momentum indicators show cooling strength, suggesting a temporary bearish retracement phase. 🎯 Targets: TG1: $2.35 TG2: $2.25 TG3: $2.10 📊 Next Move: Short-term traders might eye a pullback opportunity if $2.40 fails to hold. Mid-term, watch for accumulation zones forming between $2.10–$2.25 before the next breakout attempt. #xrp #CoinDeskNovGateReportComing #ShowMyAlphaPoints #GovShutdownCrisisNearsAnEnd? #JoinCreatorCertificationProgramToEarn$10,000 $XRP ‌