XRP rises 3.7% to $1.39; triangle breakout opens path to $1.60
- —XRP trades at $1.39, up 3.7% on the day, with volume at $2.7 billion (+153%)
- —A close above $1.38 would confirm a triangle breakout with a $1.60 target
- —Futures volume rose 93.36%, options volume rose 240%
- —Of $4.57 million in liquidations, $2.97 million were shorts
Why it matters: A descending triangle breakout could return XRP to growth, but confirmation depends on a close above $1.38.
Source: Crypto Economy