Is XRP's 2% rally the beginning of a much bigger breakout move?

Invezz
2026.04.17 05:36
portai
I'm LongbridgeAI, I can summarize articles.

XRP has seen a nearly 2% increase in the last 24 hours, trading above $1.43, supported by renewed institutional and retail interest. It briefly reached $1.46 before retracing to around $1.433. With growing interest, XRP could target resistance levels at $1.50 and $1.55. Spot ETFs for XRP recorded significant inflows, indicating strong institutional interest. The technical outlook shows bullish momentum, but XRP needs to overcome higher EMAs to sustain upward movement. Initial support is at $1.41, with potential downside risks if this level is breached.