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Despite a recent 1.2% drop, $XRP is forming a rare bullish setup as institutional demand reaches a historic milestone.
š¹ XRP ETF have surpassed $1 billion in inflow, recording no outflow since launch. This strong accumulation contrasts sharply with $BTC and $ETH ETF, which have recently lost billion of dollar, signaling a shift in capital toward XRP.
šø A bullish Inverse Head and Shoulder pattern is forming currently in the right shoulder phase, reinforced by a Double Bottom pattern at $1.8140.
š¹ If the $1.8140 support level hold, this structure will target a 57% increase to the psychological $3.00 level.
šø Technical indicator (RSI, MA) still show bearish signals. A daily close below $1.8140 would invalidate the bullish argument and confirm a further downtrend.
With institution buying on dips while retail investor are selling off, is the shift toward XRP just beginning?
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