XRP climbed 5.5% in 24 hours to trade around $1.40 on Wednesday, with analysts pointing to a symmetrical triangle breakout on the daily chart and a measured price target of $1.95 as institutional demand continues to build.
ETF Inflows Drive Institutional Momentum
Spot XRP exchange-traded funds recorded $7.53 million in net inflows on Tuesday, extending a five-consecutive-day streak. Cumulative inflows into these products have now reached nearly $1.25 billion, with total assets under management hitting $1 billion, according to data from SoSoValue.
The broader picture is similarly constructive. XRP exchange-traded products posted $106.8 million in inflows during February alone, with an additional $1.9 million during the week ending February 27. Total net inflows for 2026 stand at $153 million, pushing AUM across all XRP investment products to $2.4 billion, per CoinShares data.
Crypto analyst Xaif Crypto noted that spot XRP ETFs recorded $9.55 million in net inflows during the February 23-27 trading week, calling it a sign that “institutional appetite for XRP isn’t slowing down.” That appetite persists even as XRP has declined 25% so far in 2026.
Technical Setup Points to $1.95
XRP is attempting to break out of a symmetrical triangle on the daily timeframe. The critical level sits at $1.40, which coincides with the 200-week exponential moving average. A sustained close above that level is required to maintain bullish momentum.
The measured target of the pattern stands at $1.95, representing approximately 38% upside from current prices. That figure is derived by adding the triangle’s height to the breakout point, a standard technical calculation.
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Analyst Egrag Crypto wrote on Wednesday that XRP is “pushing above the 200-week EMA,” adding that a weekly close above both the 200 EMA and $1.55 would shift short-term momentum higher. Technical trader ChartNerd identified $1.43 as the immediate resistance level, with a break there opening the path toward $1.50.
A daily close above the 20-day EMA at $1.42 would confirm a break of market structure and potentially set up a move toward the 50-day simple moving average at $1.63.
Whale Activity and Sentiment
Whale distribution has been easing while balances among larger holders have risen, a combination that analysts view as improving XRP’s recovery prospects. Sentiment data from Santiment previously flagged a decline in positive sentiment around XRP, which historically has preceded price rebounds rather than further declines.
XRP is up 3% over the past seven days. Whether the current breakout attempt holds will largely depend on whether buyers can sustain weekly closes above the key EMA and resistance levels analysts have flagged.
Disclaimer: The information provided in this article is for educational and informational purposes only and does not constitute financial or investment advice.
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