XRP hits bullish target, but a sell‑off may be imminent
ALTCOIN

XRP hits bullish target, but a sell‑off may be imminent

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XRP's price stayed above the $1.18 resistance level while daily trading volume fell 44%, resulting in a modest 0.21% price movement over the past 24 hours.

Trading Activity and Volume

Investors observed a near‑flat price action as XRP hovered just above $1.18, with the market registering only a 0.21% shift. The sharp contraction in volume indicates reduced buying pressure, as the blockchain asset traded with 44% less activity than the previous day.

Exchange Flow and Technical Outlook

Spot XRP ETF inflows remained largely positive throughout the month, yet the rally from $1.14 to $1.29 last weekend lost momentum, pushing the price back toward the $1.21 support zone. AMBCrypto highlighted a spike in demand on South Korean exchange Upbit, but the uneven activity across other platforms suggested that a durable recovery was not yet in place for crypto investors.

Analyst Ali Martinez flagged a symmetrical triangle forming on the chart, projecting a 14%