Ripple-linked XRP stalls near $1.44 as 'triangle squeeze' nears breakout

XRP is currently trading in a narrow range just below $1.44, characterized by a technical 'symmetrical triangle' pattern that suggests a significant market move is imminent. While the price has struggled to maintain momentum above resistance, the decreasing depth of pullbacks indicates that sellers are gradually losing control. Institutional support remains a key factor, evidenced by significant inflows into spot XRP ETFs—pushing total positioning above $2.6 billion—and substantial exchange outflows that have reduced available sell-side liquidity. Traders are closely monitoring the $1.50 resistance level as a potential breakout trigger and the $1.39 level as critical support to maintain the current structure.

(Source：CoinDesk)