#XRPETFIncoming?
XRP saw a tiny $1.78 million in futures liquidations in the past 24 hours, per Coinglass data. The total amount of liquidated long and short positions accounted for $842,000 and $941,000, respectively.
XRP continued its consolidation within a bullish pennant as it’s looking to break the pattern's upper boundary resistance. If XRP can break the resistance and hold it as a support, it could rally 27% to set a new all-time high at $4.10. However, it also has to overcome its all-time high resistance at $3.55 for such a move to materialize.
