🚀 XRP's Legal Victory Sparks Bullish Momentum: Is $1.50 Next? 💼🔥

$XRP is roaring back into the spotlight—and this time, it's not just speculation. 📈 After years of legal uncertainty, Ripple has scored a massive partial victory in its legal battle with the SEC. Traders and holders are buzzing with optimism as XRP reclaims strength above $0.75 and pushes toward the critical $1.00 resistance. Can XRP make the leap to $1.50 in August? Let's break it down. 🔍

📊 Price Surge Backed by Real Fuel

The ruling declared $XRP

not a security when sold on exchanges, clearing a major cloud that had hovered over the token since late 2020. Since the announcement, XRP saw a volume spike of 120% in just 24 hours, showing renewed investor interest. With whale wallets reactivating and retail traders jumping in, XRP’s move toward $1.00 seems more solid than speculative.

💬 Binance Traders Take Position

On Binance, XRP pairs saw a 35% increase in open interest, especially in the USDT and BNB trading pairs. Margin traders are loading up, and funding rates remain positive, indicating more longs than shorts. This bullish sentiment aligns with the positive market structure forming on the daily chart—a clear ascending triangle, with $0.86 as the upper resistance zone. 📐

🔮 Eyes on Key Resistance Zones

If XRP breaks and closes above $0.90 with strong volume, the next psychological zones are $1.05 and $1.20. Analysts expect a test of $1.50 before the end of Q3, especially if Ripple continues to score legal clarity in international markets. 🌍

⚠️ Short-Term Risks Remain

Despite the hype, don’t forget: $XRP is still in a legal gray area for certain jurisdictions. A rejection at $1.00 could send the price back to $0.68, where support has previously held. So keep those stop losses tight, traders. 🛑📉

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