XRP ETFs Post a 3-Month Record as a 14% Break Sets Up
BeInCrypto
XRP is forming a bullish cup-and-handle pattern on its chart while US spot XRP ETFs see their largest weekly inflows in three months.Summary
XRP is displaying a bullish cup-and-handle pattern on the 12-hour chart, mirroring a structure that previously triggered a 14.35% rally in March. Unlike the previous instance, the current formation is bolstered by record-breaking interest in US spot XRP ETFs, which recently saw their largest weekly inflow in three months. While short-term holders remain in an aggregate loss, current market data suggests that strong ETF inflows may provide sufficient conviction to drive a breakout above the $1.46 resistance level, potentially targeting $1.68.
(Source：BeInCrypto)