🚀 XRP Poised for Massive Comeback — Institutional Money Flows In

After testing $2.00, institutional interest boosts XRP.

VivoPower invests $121 million in XRP.

Short-term $2.35 barrier might moderate bullish momentum this week.

Ripple (XRP) gains momentum as the crypto market consolidates, trading around $2.22 on Tuesday. XRP rose slightly as the crypto market recovered, with Bitcoin (BTC) breaking $106,000. At $2.07, the international money remittance token remains popular.

Bullish momentum in XRP as institutional demand develops.

The sell-off from $2.64 to $2.07 happened amid trade concerns. Last Monday, a judge blocked the tariffs, causing worldwide economic chaos. The judgment was halted by an appeals court, but uncertainty lingers.

VivoPower, a leading renewable energy firm, established a $121 million XRP-focused treasury reserve. The reserve will use BitGo's OTC infrastructure, the company said Tuesday.

Kevin Chin, CEO of VivoPower, said the company is establishing a leading digital asset treasury strategy to drive shareholder value. “[It's] a mission we plan to accomplish through partnerships with best-in-class digital asset leaders like BitGo,” Chin said.

On Monday, China-based Webus International, which provides customisable automobile and touring services, signed a non-equity financing arrangement to fund $300 million for an XRP-centered reserve. Webus International said the reserve is part of a strategy to incorporate XRP payments.

Technical outlook: Can XRP reach $2.60?

After rebounding from the 200-day Exponential Moving Average (EMA) support around $2.07, XRP remains above an ascending trendline. The RSI upward reversal, which is nearing the 50 midline, indicating XRP might gain momentum in future sessions.

The Moving Average Convergence Divergence (ACD) indicator may offer a buy signal, boosting momentum toward $2.60.

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