Ripple-linked XRP stalls near $1.44 as 'triangle squeeze' nears breakout
CoinDesk·4h ago·Neutral
What Happened
XRP trades near $1.44 resistance amid consolidation within a symmetrical triangle pattern. Spot ETF inflows exceeded $2.6 billion institutional positioning while 35 million XRP left exchanges, reducing sell pressure. Price action shows shallow pullbacks and controlled selling, suggesting potential breakout trigger ahead as market absorbs supply.
Key Entities
XRPRippleCoinDesk$1.44Spot XRP ETFs$2.6 billionSymmetrical triangle