Is XRP about to take off? Relying solely on the 'victory halo' is not enough; the market wants a new story!!!
XRP has come a long way, successfully bouncing back thanks to the ruling that it is 'not a security,' leading to a significant price surge and renewed confidence. However, the issue is that this wave of emotional rebound has almost been fully digested by the market. Now, everyone is asking: where is the next trigger?
For XRP to continue rising, it cannot rely only on court victories or ETF rumors; it needs a new narrative and new value support to reignite investor sentiment.
Meanwhile, Ripple's attempt to reduce fines has been halted by Judge Torres, indicating that this lawsuit is far from over. The technicals do provide some hope; key support remains intact, but to challenge the $3 mark, real capability and substantial capital support are needed.