XRP Consolidation Hinges on Reacceleration of Institutional Inflows

XRP is currently trading around $1.14, maintaining a short-term consolidation structure after a significant correction from its previous highs.

The 200-day moving average near $1.09 acts as the primary bull/bear line on the daily chart, with key secondary support at $1.05 if it breaks below this level.

A confirmed daily close above $1.15 would trigger a classic cup-and-handle breakout with immediate price targets toward $1.18 and $1.21, according to technical patterns.