Analyst says XRP nears triangle apex, sees 26% move after breakout

Ali Martinez: XRP nears triangle breakout, 26% move at stake; April ETFs net −$35k

XRP is coiling inside a daily symmetrical triangle. A 26% move is projected; direction unclear. Ali Martinez post.

The pattern dates to February. Price is compressing toward the apex. Martinez flags rising fakeout risk inside the range. Support sits near $1.35. Resistance near $1.45. Ali Martinez post.

• Bullish confirmation: daily close above $1.45. Target at $1.82. Ali Martinez post
• Bearish confirmation: daily close below $1.35. Target near $1.00. Ali Martinez post

ETF flows were flat in April. Net outflow hit $35,000. Early inflows of $5.79m were offset by $5.83m outflows. The three-week inflow streak totaled $82.88m. SoSoValue XRP spot ETFs.

Cumulative net inflow stands at $1.29b. Total net assets are $1.06b. Spot trades at $1.38, up 0.95% in 24h. SoSoValue XRP spot ETFs.