#HotColumn XRP price to maintain bullish momentum, analyst predicts.crypto.



So far this month, XRP has risen by over 37%. Analysts are now predicting further increases for the asset in the near term, buoyed by positive developments, including its legal victory against the U.S. Securities and Exchange Commission (SEC).

XRP price analysis
Analysts are observing a positive trajectory for XRP, aligning with the broader crypto market trends. The token is aiming to breach the $1 mark in its pursuit of a new all-time high.

According to ProSignalsFx, a crypto analyst on TradingView, XRP is currently trading in an uptrend along a rising support line, setting the stage for a potential further upward move. This anticipation rests on the token’s ability to retest the support line, crucial for sustaining the bullish trend.

Ripple’s XRP Ledger is on the brink of a significant upgrade, backed by an overwhelming 80% consensus among validators. This update aims to address obscured order books and enhance the overall functionality of XRPL. Users with the older Ripple software
TOKEN-2.88%
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