Ripple surges 9%! Can it break 10 euros in May?

The crypto market is experiencing a strong rebound, with Ripple (XRP) attracting attention with an increase of over 9%, breaking the $2.29 mark. In the last 24 hours, the overall market capitalization of cryptocurrencies rose by 6%, and Bitcoin also increased by 6.6%, while XRP's strong performance brought its market cap to $134 billion, close to the third position.

Ripple's rise is attributed to the balance between long-term and short-term traders in the market, with lower liquidity for XRP reducing traders' losses. In addition, activity on the Ripple network has increased by 70%, further boosting investor confidence.

Historical data shows that April is usually a good month for Ripple, with an average increase of 24.6%. Currently, technical indicators such as RSI and MACD suggest that XRP may continue to rise. If it breaks the resistance level of $2.31, it could further climb to $2.50, or even challenge the new high of $3.20 in three months.

However, the target of 10 euros remains distant; if it breaks $3, there will be greater upward potential in the future. The current support level for XRP is $2.20, and if it falls below this, it will face further corrections.

Meanwhile, the new crypto project SUBBD is also emerging, aiming to redefine the $8.5 billion live content industry. By eliminating intermediaries, SUBBD provides better profit opportunities for creators and fans.

The presale for SUBBD has already begun, with a price of only $0.055; missing out will lead to regret!