XRP Surges to 7-Year High Amid Market Cap Milestone and ETF Speculation

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Source: AMBCrypto News
XRP Surges to 7-Year High Amid Market Cap Milestone and ETF Speculation
Photo: AMBCrypto News
TL;DR Summary

XRP has surged 6% in 24 hours, pushing its market cap over $107 billion, driven by whale accumulation and increased trading volume. This rise is supported by recent legal clarity from the Ripple-SEC case and broader market rallies. However, technical indicators suggest potential resistance at $2.00, with the RSI indicating overbought conditions that could lead to a short-term pullback. Despite this, strong accumulation and institutional interest may sustain the rally, with key support at $1.75 and potential catalysts including regulatory clarity and cross-border payment partnerships.

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