$XRP surged 8% to $2.17, 12% above its $1.94 low. The rise is fueled by speculation that the SEC may drop its lawsuit against Ripple, which began in December 2020. XRP whales accumulated 440 million XRP worth $1 billion since February 24. XRP is forming a V-shaped recovery, with resistance levels at $2.35-$2.58. Analysts predict a potential rise to $2.74, and possibly $8 in the long term. The RSI rose from 17 to 44, indicating bullish momentum.

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