#BreakoutTradingStrategy The demand for XRP could increase if XRPL manages to take market share from Ethereum in the stablecoin space. Traders may have valued this potential, considering the agreement with BNY Mellon as a sign of growing institutional support.
XRP is aiming for a 20% rise
XRP has surpassed the neckline of an inverse head and shoulders pattern on the daily chart, which indicates a bullish reversal setup.
