XRP Nears $1.53 Breakout Trigger as Largest Holders Completely Freeze

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XRP is trading in a tight range of $1.48 to $1.51, pressing against the top of a symmetrical triangle on the 4-hour chart. Large holders have frozen 3.9 billion XRP tokens, leaving uncertainty between caution and patience. A breakout above $1.53 would target $1.62 then $1.70, while failure would return the price to the $1.46 support. U.S. spot XRP ETFs have absorbed $1.7 to $1.8 billion in net inflows. Evernorth’s XRPN vehicle is expected to list on Nasdaq on October 8, and the BatchV1_1 upgrade is scheduled for October 8-9 for Asian banking partners.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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