According to CoinEdition, XRP is testing the $2.70–$2.85 resistance zone as the Canary Capital Spot XRP ETF (XRPC) recorded a record $58 million in inflows on its first day of trading on Nasdaq. Analysts suggest a breakout above $3.10 could signal a structural shift. The token’s ascending triangle pattern is nearing resolution, with institutional buying pressure providing validation. XRP currently trades at $2.35, with a market cap above $138 billion.
XRP Breakout Targets $3.10 as Canary XRPC Posts $58M Record Debut
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