XRP just printed its strongest breakout in weeks. Here’s what’s driving it 👇

Two new XRP-linked ETFs — Franklin Templeton’s XRPZ and Grayscale’s GXRP — launched on NYSE Arca, triggering nearly $180M in institutional inflows while the broader crypto market saw heavy outflows.

🔍 Technical Breakdown

• Breakout above $2.12 confirmed with 227.5M volume (+162% vs avg)

• Higher lows at $2.02 / $2.04 confirm trend strength

• XRP now testing the macro descending channel from July

• Volume profile shows new value zone at $2.21–$2.25

📈 What traders are watching

• Close > $2.30 opens path toward $2.57–$2.80

• Hold > $2.23 = bullish continuation

• ETF flows now the main volatility catalyst

• Breakout of the July downtrend = potential full trend reversal

XRP’s price action remains tightly accumulated around $2.25–$2.27, suggesting another impulse could be forming.