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XRP Breaks Symmetrical Triangle; Whales Loading Up
The global exchange-traded funds (ETFs) based on XRP have just soared to $1.06 billion. Seems like XRP is back in the fight.
After a sharp rebound, the token pushed back into the low-$1.20s, with traders now eyeing a potential run toward $1.30 and beyond. The move has been fueled by a clean technical breakout and some seriously bullish on-chain signals.
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Bullish XRP Breakout Confirmed On This Range?
Popular chart analyst Ali Martinez highlighted that XRP has broken out of a symmetrical triangle — a pattern that often signals strong momentum. According to his analysis, the measured move from this breakout points to around 14% upside in the near term.
Traders are watching the $1.21–$1.24 zone closely as key support. Holding above it could open the door for a push toward the next resistance cluster around $1.28–$1.30.
Whales Are Buying, Supply Is Leaving Exchanges
On-chain data is backing up the bullish vibe. Multiple on-chain trackers have spotted increased crypto whale accumulation alongside notable withdrawals from major exchanges.
When big holders pull coins off exchanges, it usually signals they’re moving them into long-term storage rather than preparing to sell.
This kind of activity often reduces near-term selling pressure and sets the stage for stronger moves when momentum returns.
Slowly, But Surely: ETF Inflows Keep Rolling In
The rebound has also brought fresh ETF talk back into focus. According to recent market data, ETF clients just bought another $5.3 million worth of XRP in a single day. This brings the total net assets held in XRP-linked ETFs to $1.06 billion.
While not explosive on its own, these steady inflows show that institutional interest continues to build — even without a full spot ETF approval yet.
XRP is showing real technical strength with a clean symmetrical triangle breakout (targeting ~14% upside), while whales keep buying and ETF holdings now sit above $1.06 billion.
The combination of improving charts, on-chain accumulation, and growing institutional exposure is giving bulls fresh reasons to stay optimistic.
The next key test sits around $1.28–$1.30. If XRP can clear that zone with volume, the next leg higher could come in faster than many expect.
The dogs aren’t the only ones running — the OG altcoin is starting to move too.
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DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?
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Market Sentiment
100% Bullish