XRP Eyes $3.10 After XRPC Clocks $58 Million On Day One
The post XRP Eyes $3.10 After XRPC Clocks $58 Million On Day One appeared on BitcoinEthereumNews.com.
XRPC sets a $58 million record day-one volume on Nasdaq. XRP tests $2.70 to $2.85; $3.10 is the confirmation level. ETF flows deepen depth as triangle squeeze nears resolution. XRP is breaking out, and the “why” is no longer a mystery. The token’s technical “ascending triangle” is resolving to the upside, a move that aligns with a “shock and awe” market debut of the Canary Capital Spot XRP ETF smashing its first day of trading on Nasdaq with a record $58 million in inflows. Related: XRP Price Target Set at $10.70 in ‘Base Case’ Post-ETF Scenario; Citing Bitcoin’s $1.76T ETF Precedent XRP Catalyst: Canary ETF Smashes Debut With $58M Inflows XRP’s breakout fuel is institutional and verifiable. Canary Capital’s launch of the first US Spot XRP ETF on Nasdaq has been a stunning success which pulled in the record trading volume in a single session. Introducing XRPC — the Canary XRP ETF – Provides exposure to the native token of the XRP Ledger– Built to reflect network performance across payments and liquidity protocols– Backed by XRP’s established utility in cross-border value transfer– Designed for efficiency, speed,… pic.twitter.com/8G0GRpcTgg — Canary Capital (@CanaryFunds) November 13, 2025 This new bid from a regulated, traditional market vehicle provides a critical new layer of institutional attention. This $58M “wall of money” is landing at the exact moment XRP’s technical structure was ready to break, providing the buying pressure to validate the move. XRP Technicals: $58M Bid Triggers Ascending Triangle Breakout This fundamental catalyst is triggering a textbook technical breakout. Analyst ChartNerd, who had been tracking the structure, noted the shift from a “descending triangle” into this bullish “ascending triangle” after buyers defended the $2.00–$2.20 accumulation band. $XRP 👇 ATH = Descending Triangle ✅️$2 Low = Ascending Triangle ?? From a bearish structural breakdown into a…
Filed under: News - @ November 14, 2025 6:23 am