According to Steven McClurg, CEO of Canary Capital, despite Bitcoin and Ethereum experiencing capital outflows, XRP is quietly attracting funds, indicating strong interest from institutional investors. Currently, XRP is trading at $1.38, fluctuating within a narrow range of $1.35 to $1.50. This typical compression pattern often signals an imminent decisive breakout. Analysts point out that XRP is forming a cup and handle pattern, with a potential target price between $4 and $30, suggesting significant upward momentum behind it.
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According to Steven McClurg, CEO of Canary Capital, despite Bitcoin and Ethereum experiencing capital outflows, XRP is quietly attracting funds, indicating strong interest from institutional investors. Currently, XRP is trading at $1.38, fluctuating within a narrow range of $1.35 to $1.50. This typical compression pattern often signals an imminent decisive breakout. Analysts point out that XRP is forming a cup and handle pattern, with a potential target price between $4 and $30, suggesting significant upward momentum behind it.