Ripple (XRP) Price Predictions: Fibonacci Retracement Levels Indicate a Surge Towards $3.60, Is Its Price About to Take Off?

It seems that Ripple (XRP) is preparing for a strong breakout in a scenario similar to its previous bullish cycle, as crypto markets are experiencing noticeable volatility and a gradual downward trend, causing the price of Ripple (XRP) to briefly drop below the $2 mark during the recent downturn before quickly rebounding. Many investors believe that its recent movements reflect the events leading up to a strong breakout in 2024.

Institutional Interest Grows Alongside Evernorth's Announcement of XRPN Shares

11 companies are looking to add Ripple (XRP) holdings to their treasury assets with a total value exceeding $2 billion, led by Ripple Labs, which recently announced the Evernorth project. The Japanese SBI Bank - the largest banking group in Japan - confirmed its investment in the project, followed by GUMI with an investment of $17 million.$BTC

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