"$XRP Price Analysis

XRP Price Shows Resilience Amid Bullish Sentiment

Ripple's XRP has been on a positive trajectory, driven by robust buying pressure and growing investor confidence. The odds of XRP ETF approval have skyrocketed to 98% on Polymarket, thanks to applications from prominent firms like Grayscale, Bitwise, Franklin Templeton, and 21Shares. This has fueled bullish targets of $2.50 and beyond.

After a volatile week, XRP rebounded strongly. Despite a sharp drop to $2.08 on May 31, it bounced back to $2.17 and continued to climb. The weekend saw a steady uptrend, with XRP hitting $2.26 on Sunday. This week started on a strong note, with a 2.36% gain to $2.32 on Monday. Although Tuesday saw a slight pullback to $2.30, XRP is currently trading marginally higher as buyers and sellers await the next market move."

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