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4 Comments
tldr; XRP has reached a new year-to-date high of $1.68, marking a 40% increase this week and a 232% rise over the past 30 days. The surge is supported by increased on-chain activity, with active accounts on the XRP network rising significantly. The bullish momentum is further fueled by Ripple’s partnership with Archax and Bitwise’s rebranding of its European XRP ETP. XRP’s price breakout from a bull flag pattern suggests a potential target between $1.95 and $2.05. However, bearish divergences and low trading volumes indicate a possible market reversal.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
This end of year is being great for XRP – Bag holders shedding tears of joy
Like it or hate it, XRP could be be an interesting case study this cycle IF it makes a new ATH, as that would invalidate the theory that coins that have a worse second cycle than it’s first is a dead coin.
So if you’re not in, stay out?