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XRP Eyes Triangle Breakout as Stablecoin Supply Rises 🚀
XRP is approaching a breakout from a multi-month symmetrical triangle after rebounding to around $1.39 (+4%).
🔹 A break above the $1.42 resistance (23.6% Fib) could trigger a rally toward $2.06 (~50% upside).
🔹 Momentum indicators like RSI and MACD are turning bullish, suggesting selling pressure is fading.
🔹 Stablecoin supply on the XRP Ledger has climbed to $426M, signaling rising liquidity.
⚠️ However, institutional demand has cooled slightly, with recent XRP ETF outflows of $22M.
Key level to watch: $1.42 breakout. 📈