$XRP

Key Factors Driving XRP’s 30% Surge

XRP's price could surge 75% due to a bullish technical pattern and favorable legal developments following the SEC's lawsuit closure against Ripple.

Key Factors Driving Xrp’s 30% Surge

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XRP’s price has surged nearly 30% in the past two weeks, driven by the crypto market’s recovery and positive developments in Ripple’s lawsuit with the SEC. While Ripple still faces restrictions on selling XRP to institutional investors, technical analysis suggests strong growth potential.

Symmetrical Triangle Pattern Signals XRP’s Next Rally

XRP’s price chart is forming a symmetrical triangle—a classic continuation pattern. According to technical analysis, if XRP breaks above the upper trendline (around $2.35), it could rally to $4.35 by June, marking a 75% increase from its current price. Conversely, a drop below the lower trendline could push XRP down to $1.28.