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XRP Holds $2.20, Aiming for a “Bull Flag” Breakout to $2.35
By
Coin Edition
2 days ago
ETF
XRP
SPOT
CIN
BLACKROCK
- XRP holds $2.20 support, forming a technical ‘Bull Flag’ targeting the $2.35–$2.45 zone.
- Spot ETF inflows have decelerated, dropping to $21M daily after a record-breaking $243M debut.
- Traders are now pricing in the potential (but unconfirmed) entry of a BlackRock iShares Trust.
XRP is entering a critical consolidation phase, stabilizing near the $2.20 level as the initial euphoria of U.S. spot ETF launches begins to normalize.
While technical indicators point to a breakout toward $2.35-2.45, the market is grappling with a notable deceleration in institutional capital flows, raising questions about the asset’s near-term momentum.
Related: XRP Shows Signs of Recovery as ETFs and Buy Signals Strengthen Outlook
XRP ETF Inflows Showed Uneven Demand
Spot ETF flows have emerged as a central factor shaping XRP sentiment. The four U.S. XRP-spot ETFs extended…
Read The Full Article XRP Holds $2.20, Aiming for a “Bull Flag” Breakout to $2.35 On Coin Edition.
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