XRP shows technical breakout signals with projections between $5 and $14 🚀

XRP is on the radar of analysts and institutional investors following a series of technical signals and corporate movements that could catalyze a new appreciation cycle. The cryptocurrency, which has faced months of consolidation, is beginning to demonstrate strength to break through important barriers on the technical chart and in the fundamental scenario.

Among the main factors is the recent acquisition of the liquidity platform Hidden Road by Ripple. The move indicates a clear strategy of expansion in the institutional market, strengthening the infrastructure of the XRP ecosystem. Additionally, improvements implemented in the XRP Ledger (XRPL) such as advancements in liquidity automation and smart contract performance have captured the attention of developers and validators.

Another relevant data point comes from the derivatives market. The volume of XRP futures on the CME exchange surged to $542 million, one of the largest records of the year. Historically, significant increases in this metric indicate the entry of institutional capital and anticipate more robust upward movements.

According to analysts, if this trajectory is confirmed, XRP could seek levels between $5 and $14 in the medium term, breaking the current congestion zone and reconfiguring the asset's price narrative!

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