As per TheMarketPeriodical, XRP has formed a bullish falling wedge pattern on the daily chart, with price rebounding from the 50% Fibonacci Retracement level. ETF inflows have surged, nearing $1 billion, driven by recent SEC approvals. Ripple's ecosystem is expanding, with four acquisitions this year and its stablecoin, RLUSD, holding over $1.3 billion in assets. However, a drop below $1.7662 could invalidate the bullish outlook.
XRP Price Shows Bullish Patterns as ETF Inflows Near $1 Billion
TheMarketPeriodicalShare
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