XRP Price Analysis: Weekly Gains Strong, But Can It Break $1.63?

XRP is trading at $1.53, showing a 1.5% daily gain and strong weekly performance of 17-18%. The asset is supported by $1.73 billion in spot ETF inflows and institutional custody expansion by Absa and Ripple. While technical indicators are mixed, traders are watching for a potential double-top near $1.55-$1.60. The token remains above its 20, 50, and 200-day moving averages, with $1.50 acting as immediate support.