XRP Clears Resistance with Record-Breaking ETF Inflows

Ripple's native XRP coin has been showing bullish signs on two fronts, clearing resistance on one-day charts and receiving significant exchange-traded fund (ETF) inflows. According to technical chart analyst Ali Martinez, $105 million in ETF additions on Friday contributed to XRP's price, maintaining a key support bubble at $1.35.

The support cluster between $1.35 and $1.47 could eventually lead to a reclaim of $1.60 for XRP's price, with the near-term bullish target set at $1.70 if the support level doesn't break downward.

Going northward, Martinez expects the clearance of $2.19 if XRP's price manages to tap the $1.86 line, based on rising ETF flows.