XRP is showing renewed strength this week, trading near $2.09 after gaining over 2% in the past week. The altcoin’s momentum is fueled by Ripple’s recent $50 million SEC settlement and the reclaiming of $75 million from escrow, which has lifted regulatory uncertainty. Political support and increasing institutional interest, including multiple XRP ETF proposals under SEC review, are further boosting confidence. On-chain metrics reveal surging active addresses and solid whale accumulation, while technical indicators hint at a potential bullish breakout above $2.20. Traders eye key resistance levels, with a targeted rally possibly reaching $2.50 and beyond if XRP flips $2.20 into support. Overall, XRP looks poised for a significant move amid improving fundamentals and technical setups.
Continue to read XRP’s Next Move: Will Bulls Overcome the $2.15 Barrier This Week?
XRP is showing renewed strength this week, trading near $2.09 after gaining over 2% in the past week. The altcoin’s momentum is fueled by Ripple’s recent $50 million SEC settlement and the reclaiming of $75 million from escrow, which has lifted regulatory uncertainty. Political support and increasing institutional interest, including multiple XRP ETF proposals under SEC review, are further boosting confidence. On-chain metrics reveal surging active addresses and solid whale accumulation, while technical indicators hint at a potential bullish breakout above $2.20. Traders eye key resistance levels, with a targeted rally possibly reaching $2.50 and beyond if XRP flips $2.20 into support. Overall, XRP looks poised for a significant move amid improving fundamentals and technical setups.
Continue to read XRP’s Next Move: Will Bulls Overcome the $2.15 Barrier This Week?
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