XRP price breakout targets $1.95 amid five-day ETF inflow streak

XRP analysts highlighted the potential for a rebound to $1.95 as the price broke above a symmetrical triangle amid persistent institutional demand.

XRP (XRP) price is up 5.5% over 24 hours and 3% in seven days, trading around $1.40 on Wednesday. This puts XRP in a position for further gains backed by several market and technical factors, according to analysts.

Key takeaways:

XRP’s potential to rise to $1.95 is backed by persistent demand from US-based ETFs. 

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