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XRP: Breakout Above $3.2 Gains Momentum Ahead Of ETF Launch (Technical Analysis)

2025-07-17 15:09:22

XRP: Breakout Above $3.2 Gains Momentum Ahead Of ETF Launch (Technical Analysis)

Description

Summary XRP breaks $3.2 ahead of ProShares ETF launch, confirming bullish trend reversal. Inverted head-and-shoulders pattern completes, with neckline at $2.9 now acting as support. Next resistance lies at $3.6, with $4 in sight if ETF momentum sustains. By Jainam Mehta XRP ( XRP-USD ) surged to $3.21 on Thursday, breaking above the critical $3 psychological barrier and marking its highest level since early 2025. The move follows a powerful technical breakout from a multi-month consolidation ran...

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XRP-USD