- XRP’s rebound from the wedge support near $2.21 strengthens its current structure as buyers defend a trendline repeatedly tested during the broader pattern.
- ETF activity records $85.7M across four issuers, with strong intraday demand shaping price behavior and supporting early momentum during the trading sessions.
- A breakout above the $2.69–$2.84 range may open a path toward the $3.50 region, aligning with previous supply and measured-move expectations.
At the start of the week XRP has had strong technical support and increased interest from ETF sponsors. As a result, crypto traders are now paying more attention to XRP’s immediate trends and levels of potential breakout.
Rising ETF Activity Supports Market Confidence
XRP received early-week traction as ETF activity recorded $85.7 million in volume across four issuers. The distribution set the competitive landscape quickly, with Bitwise taking the lead at $36.6 million. Franklin Templeton followed with $23.6 million, while Canary posted $18.7 million. Grayscale recorded $6.7 million, marking a slow start for the issuer.
According to the update shared by VinCoop, ETF-driven flows have shaped intraday behavior, creating mild upward movement during ETF trading hours and softer movement after hours. This pattern, if extended, may help build the structure needed for a breakout attempt. The first trading sessions of new ETF products often influence early sentiment, and current flow data shows stable demand.
XRP also maintained its micro-support at $1.99–$2.25, responding directly from the 38.2% retracement zone around $2.22. Holding this band keeps the market structure stable while preparing for attempts at reclaiming higher resistance levels.
Wedge Structure Points Toward a Potential Upside Setup
Chart observations shared by ZAYK Charts showed XRP bouncing off the lower boundary of a broad falling wedge. The price region near $2.21 acted as a decisive reaction area as buyers defended the trendline tested several times during the pattern. Each prior test produced meaningful upward movement, and current behavior mirrors those earlier responses.
The wedge pattern displayed declining resistance and support lines, offering a compressing structure nearing its apex. As price tightens, momentum pressure often builds, giving technical relevance to the current rebound. The projection on the chart places the next region of interest around $2.70–$2.80, where mid-range resistance sits.
A breakout above the upper wedge boundary would shift momentum toward the $3.50 region. This level aligns with a previous supply zone and represents a common measured move for similar structures.
Key Levels Shape the Next Direction
XRP must continue holding the support area at $2.10–$2.20 to keep the current setup stable. Losing this pocket may drive price toward lower liquidity zones and disrupt the broader structure. Maintaining higher lows above $2.27–$2.18 is also essential for sustaining upward pressure.
Breaking the $2.69–$2.84 resistance band remains the central requirement for a full trend reversal. Market traders are watching this zone closely because it represents the boundary between consolidation and renewed upward momentum.
ETF flows and chart structure now move in parallel, offering a focused framework for evaluating XRP’s next breakout attempt.
