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42m ago

XRP Nears $3 as ETF Inflows Build and Bullish Chart Setups Raise Breakout Odds

Analysts say a sustained close above roughly $3.10 to $3.20 would confirm a new bullish leg.

XRP
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Overview

  • XRP logged a weekly gain of about 14% and is trading around $3, still below this year’s peak near $3.66 as resistance at $3.10 has capped advances since August.
  • Technicians highlight a falling wedge and a bullish pennant on the daily chart alongside a long-term double-bottom that together suggest rising breakout potential.
  • ETF demand is accelerating, with the REX‑Osprey XRPR’s assets reported over $83 million and Teucrium’s 2X XRP fund (XXRP) above $440 million.
  • Price targets vary widely and are conditional, from roughly $3.60–$4 to double-digit scenarios up to about $19 if momentum extends after confirmation.
  • Outlooks tie further upside to technical validation and potential U.S. ETF approvals, with JPMorgan cited projecting up to $8 billion of first‑year inflows if new funds win clearance.