ETF Momentum Fuels XRP Push Toward $1.95
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XRP analysts highlighted the potential for a rebound to $1.95 as the price broke above a symmetrical triangle amid persistent institutional demand.
XRP price is up 5.5% over 24 hours and 3% in seven days, trading around $1.40 on Wednesday. This puts XRP in a position for further gains backed by several market and technical factors, according to analysts.
XRP’s potential to rise to $1.95 is backed by persistent demand from US-based ETFs.
XRP price shows a potential breakout on the charts with a target of $1.95.
XRP ETF demand makes a comeback
Institutional demand for XRP investment products has been strengthening
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