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Home Bitcoin

Cup and Handle $1.21 Target vs Fading ETF Inflows

Digital Pulse by Digital Pulse
July 24, 2026
in Bitcoin
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Cup and Handle .21 Target vs Fading ETF Inflows
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In XRP information in the present day, Ripple has slipped since July 21 however stays round $1.13, tracing a textbook cup-and-handle formation on the each day chart, with $1.15 because the breakout set off and $1.21 because the sample goal.

The setup appears to be like clear. The institutional cash circulation behind it doesn’t. That hole between the chart construction and the capital supporting it’s the central stress shaping the XRP commerce proper now.

In keeping with information from CoinGlass, spot XRP ETF month-to-month inflows have collapsed from a $131.94M peak in Might to simply $12.43 million in July, the weakest month on file. Inflows are nonetheless technically constructive, however it isn’t a technicality value glossing over.

XRP Information: The Cup and Deal with Setup and What it Means

Since early July, XRP has shaped a cup-and-handle sample on the each day chart. The cup represents a gradual restoration from promoting stress, whereas the deal with displays a consolidation section since July 21.

The bullish outlook stays supported by declining promote quantity as costs drift decrease, indicating a pause fairly than a recent wave of promoting. Key resistance is at $1.15, aligning with the 0.618 Fibonacci retracement stage.

A each day shut above this may break the deal with and activate the cup neckline at $1.16, with $1.18 and $1.21 as potential targets for XRP Ripple.

Nevertheless, it’s vital to notice that XRP has beforehand didn’t maintain cup formations. A single candle wick above $1.15 is inadequate; a confirmed each day shut is critical for a convincing breakout.

$XRP

Say what you need, however this complete setup appears to be like insane!

Sweep the lows or not…

A serious transfer is coming. pic.twitter.com/MJFD9UJNzh

— Jim Knox (@Jim_Knox589) July 23, 2026

ETF Inflows: Inexperienced on the Floor, Fading Beneath

In different XRP information, ETF inflows have persistently been web constructive since their launch, although month-to-month totals have declined. In keeping with CoinGlass, inflows had been $81.59M in April, peaked at $131.94M in Might, then dropped to $59.46M in June, and fell additional to $12.43M in July.

This downward pattern means that institutional demand for XRP has weakened, as ETF inflows sometimes point out skilled consumers’ curiosity, which makes it a vital information level to look at within the coming weeks.

A decline in these flows may have an effect on XRP’s worth, particularly because it nears a breakout level. Related patterns of diminished institutional demand are additionally seen in Bitcoin ETF merchandise.

(SOURCE: CoinGlass)

What Glassnode’s Hodler Metric Is Signaling

The Hodler Web Place Change metric from Glassnode tracks whether or not long-term XRP holders are web including to or trimming their positions. It’s an on-chain measure of accumulation or distribution conduct amongst wallets which have held for prolonged intervals, the cohort least more likely to be pushed by short-term noise.

The metric’s latest historical past is value tracing rigorously as a result of it has already run this playbook as soon as. On June 22, the Hodler Web Place Change hit one in all its highest readings. From that peak, it fell steadily by means of to July 1.

Throughout precisely that window, XRP worth corrected from $1.13 right down to $1.05 – a 7% transfer that caught many merchants offside who had been watching the chart setup fairly than the on-chain sign. Then, as long-term holders started including once more, worth recovered.

Since July 19, the metric has turned decrease once more. It has eased from roughly 231 million to roughly 226 million XRP, in keeping with Glassnode information cited within the BeInCrypto evaluation. The setup is shut sufficient to the June precedent to warrant consideration.

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Three Eventualities for What Occurs Subsequent: XRP Information Catalysts Wanted for Bullish Continuation

(SOURCE: TradingView)

The chart and institutional information for XRP information point out three potential paths for its worth motion:

Bull Case: XRP closes above $1.15, confirming a cup-and-handle breakout. If $1.16 is breached, the $1.21 goal might be met, however this may require steady ETF inflows to keep up positive aspects.

Base Case: XRP trades sideways between $1.12 and $1.15 as Hodler Web Place Change declines and ETF inflows stay weak. The cup-and-handle sample stays legitimate however unconfirmed, awaiting a macro catalyst.

Bear Case: A sharper decline in Hodler metrics results in a drop under $1.13, exposing assist ranges at $1.12 and $1.09. A break under $1.05 invalidates the sample and shifts focus to broader assist. This state of affairs aligns with present ETF circulation tendencies.

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Alex Ioannou

Alex Ioannou

On-Chain Journalist

Alex is a seasoned cryptocurrency dealer and market analyst with over seven years of lively expertise within the digital asset house. Since getting into the markets in 2017, Alex has specialised in figuring out rising “meta” tendencies and high-volatility narratives. Notably, Alex…
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