Looking at XRP's recent trend, it has broken out of the early downward trend line, although the current price is around $1.36, this breakout signal is quite clear. The trading volume has significantly increased, clearly indicating that the bulls are re-entering the market.

Interestingly, the flow of funds is a bit complicated. On one hand, XRP ETFs in the U.S. are experiencing outflows, but on the other hand, the daily average number of transactions on the XRP ledger has surged to a high of 2.7 million, mainly driven by projects involved in tokenizing real assets. From another perspective, if this price can hold between $1.39 and $1.40, it could be a sign of a transition from the previous correction phase.

However, traders are currently watching whether this level can be maintained. If it holds, the next resistance levels to watch are $1.44 and $1.50. But if it breaks down, it might return to the support zone between $1.34 and $1.37. Based on the current technical pattern, the higher lows formed after this breakout are still worth noting, as they will confirm whether the downtrend has truly changed.