After a period of consolidation, XRP is leading the pack once more, and the altcoin is displaying signs of strength at the time of writing.

As the coin continues to recover and gain pace, investor optimism is also increasing, with many believing that a big breakout may be imminent.

The resistance level of $2.42 is still a significant obstacle. Bullish attitude and increasing buying pressure, however, seemed to indicate that XRP would be poised for a significant jump.

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