XRP Gains Momentum: Traders Eye Bullish Breakout

XRP is capturing traders' attention with a notable surge in trading activity. Currently priced at $2.12, XRP has experienced a 3.2% increase over the past 24 hours, reaching an intraday high of $2.22. This uptick follows Ripple's recent announcement of the RLUSD stablecoin, enhancing XRP's utility in decentralized finance applications.

With a market capitalization of approximately $124.06 billion, XRP ranks as the 4th largest cryptocurrency. Analysts suggest that if the bullish trend continues, XRP could test the $2.50 resistance level, potentially paving the way for further gains.

Disclaimer: This content is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are subject to market risks; please conduct your own research before making investment decisions.

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