🎯 XRP Trapped In A Tightening Squeeze: Breakout To $1.70 Next? And looking at XRP right now, price action is coiling up tightly inside a narrowing structure as buyers continuously step up while sellers defend the top. After rejection near $1.665, price pulled back toward lower highs around $1.55. However, solid buyer defense between $1.45 and $1.47 has kept the short-term recovery structure fully intact. Here is what you need to keep on your radar: 🔹 The Technical Squeeze: XRP is trading near $1.49, right along the lower border of its triangle pattern. A clean breakout above the $1.54 resistance level could clear the path toward $1.70 or higher. 🔹 The Institutional Wildcard: Evernorth just cleared its vote to list an actively managed XRP treasury on Nasdaq under ticker XRPN. With ~473M XRP backing the structure, this could unlock serious long-term Wall Street demand. 🔹 Supply Dynamics: Monthly escrow unlocks released 1B XRP into circulation. The real test is how much of this supply ends up on spot order books versus getting absorbed by institutional players. While $BTC leads broader market direction, XRP's tightening pattern suggests a decisive move is brewing soon. Also, I’ve been keeping this trading strategy alongside a few TradFi charts on TradingView and it’s super handy now that WhiteBIT has added TradFi pairs there too. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
