#XRP feels like it's really about to take off
Ripple's lawsuit with the SEC is finally resolved, and the market is about to react with open interest in futures contracts surging by 9.5%. Institutions seem to be coming back in.
The technical aspect is quite strong, the trend line is still going upwards, and in the short term, we are focusing on $6. In just over 9 hours, it has increased by 24%, and the influx of new funds is very evident.
Simply put:
The legal risk is gone
Funds are coming back
Technical charts are bullish
Now it's either a direct surge to $6 or a retracement to $5.2 before another wave.
In any case, if the volume supports it, a breakthrough at this position can easily accelerate.
Focus on the combination of fundamentals and technicals for real-time strategy @分析师苏哥