๐Ÿ›‘A surge in on-chain activity propels XRP to $0.56, riding on the coattails of Bitcoin's recent gains. ๐Ÿš€

On Thursday, XRP soared to $0.560, fueled by the overall cryptocurrency market surge led by Bitcoin's price hike. ๐Ÿ“ˆ

XRP's trade volume spiked to 1.46 billion on February 15, nearly doubling from the previous week. ๐Ÿ’น

In response to Chair Gary Gensler's cryptocurrency remarks, a Ripple-supporting attorney criticizes the SEC's case against the company. โš–๏ธ

Early Thursday, XRP hit $0.5590, influenced by Bitcoin's climb above $52,500, triggering gains for altcoins like XRP. ๐ŸŒ

The Ripple ecosystem, including XRP on-chain activity, likely contributed to these recent advancements. ๐Ÿ”„

From 578.41 million on February 10 to 1.48 billion on February 15, XRP's trading volume surged, indicating increased demand and interest. ๐Ÿ“Š

Expert Opinion: XRP Price Targets $0.6000

XRP is striving for the psychologically significant $0.6000 level, encountering resistance at $0.5629, the 50% Fibonacci Retracement level. ๐ŸŽฏ

The recent surge suggests a 10% increase, with indicators like Awesome Oscillator and MACD showing a favorable uptrend. ๐Ÿ“ˆ

To invalidate the bullish thesis, a daily closure below $0.5000 would signal a potential sweep of the January bottom at $0.4853 before a potential XRP rebound. โ›”

#xrp #Ripple #Write2Earn ๐Ÿš€$XRP