XRP is showing a strong recovery after dropping to $1.61 earlier this week. It is now up 4.53% to $2.09, with an intraday high of $2.185. On the hourly chart, a "golden cross" pattern has formed — a technical signal suggesting short-term bullish momentum may be building. If XRP breaks the $2.26 resistance (daily SMA 50), the next target could be $3. On the downside, key support levels lie at $1.88 (SMA 200) and $1.61.

Meanwhile, Ripple made headlines by acquiring Hidden Road for $1.25 billion — the company’s largest deal ever and a landmark moment for the crypto industry. The acquisition will boost institutional use of Ripple’s RLUSD stablecoin and further integrate the XRP Ledger into financial infrastructure.

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