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XRP Surges 8% as Institutional Demand Heats Up—$3.40 Target in Sight Post ’Triangle Breakout’

XRP Surges 8% as Institutional Demand Heats Up—$3.40 Target in Sight Post ’Triangle Breakout’

Author:
Coindesk
Published:
2025-07-14 05:38:27
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XRP Rallies 8% on Rising Institutional Bid, Eyes $3.40 After 'Triangle Breakout'

XRP just ripped past resistance—up 8% on heavy institutional buying. The sleeping giant's finally waking up.

Chartists are drooling over this breakout

That symmetrical triangle pattern? Shattered. Now traders are eyeing the $3.40 zone—a level last seen before the SEC decided to play regulatory whack-a-mole.

Wall Street's late to the party (again)

Institutions are piling in now that the technicals confirm what retail knew weeks ago. Nothing like a clean chart to make hedge funds overcome their crypto PTSD.

Could this be the start of a real trend? Or just another fakeout before the next 'crypto winter'? Either way—the suits are buying, and the charts agree. Just don't tell the SEC we're having fun.

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