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XRP Bulls Show Strength Amid Early Signs of a Potential Upside Breakout
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XRP has seen a three-day rally, increasing over 7% after breaking above resistance at $1.8. Institutional interest in XRP ETFs continues with net inflows since January 21, boosting trader sentiment. Despite positive momentum, past challenges raise questions about its sustainability.
- XRP delivered three consecutive daily positive candles after a long time.
- Users expect XRP to rally significantly after breaking above crucial resistance levels.
- Institutional investors show continued interest in XRP ETFs with net inflows since Jan 21.
XRP maintained bullish momentum for three straight days for the first time in the past three weeks, triggering renewed upside sentiment among crypto traders. The resurging price, onchain data, potential regulatory clarity, and consecutive daily ETF inflows are all supporting the traders’ expectations. Meanwhile, historical obstacles leave room for debate over the sustainability of the renewed momentum.
XRP’s 3-Day Consecutive Rally
TradingView’s data reveals that XRP bounced off a technical support level of around $1.8 at the beginning of the week, surging over 7% on Monday, January 26. The cryptocurrency has …
Read The Full Article XRP Bulls Show Strength Amid Early Signs of a Potential Upside Breakout On Coin Edition.
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XRP Bulls Show Strength Amid Early Signs of a Potential Upside Breakout
Share:
XRP has seen a three-day rally, increasing over 7% after breaking above resistance at $1.8. Institutional interest in XRP ETFs continues with net inflows since January 21, boosting trader sentiment. Despite positive momentum, past challenges raise questions about its sustainability.
- XRP delivered three consecutive daily positive candles after a long time.
- Users expect XRP to rally significantly after breaking above crucial resistance levels.
- Institutional investors show continued interest in XRP ETFs with net inflows since Jan 21.
XRP maintained bullish momentum for three straight days for the first time in the past three weeks, triggering renewed upside sentiment among crypto traders. The resurging price, onchain data, potential regulatory clarity, and consecutive daily ETF inflows are all supporting the traders’ expectations. Meanwhile, historical obstacles leave room for debate over the sustainability of the renewed momentum.
XRP’s 3-Day Consecutive Rally
TradingView’s data reveals that XRP bounced off a technical support level of around $1.8 at the beginning of the week, surging over 7% on Monday, January 26. The cryptocurrency has …
Read The Full Article XRP Bulls Show Strength Amid Early Signs of a Potential Upside Breakout On Coin Edition.
Read More
XRP (XRP) Price Prediction: XRP Trend Stays Bearish as Ripple Targets Institutional Liquidity