XRP Climbs 4% on Triangle Breakout, Holds $3.50 Amid Profit-Taking

Description

XRP posted a 4% gain during the 24-hour trading window from July 22 at 03:00 to July 23 at 02:00, with prices moving between a low of $3.42 and a high of $3.57 before closing near $3.51. The move follows a technical breakout from a six-year symmetrical triangle and coincides with key developments in U.S. crypto legislation and the launch of institutional investment products. Despite bullish momentum throughout the day, institutional selling emerged in the final hour of trading, paring gains and ...