#XRPBackInTop3

Despite recent declines, XRP remains above its 200-day simple moving average, a key indicator of long-term positive sentiment. Over the past 30 days, the token has seen 15 days of gains, reflecting a positive performance index of 50%.

Analyst Javon Marks has drawn parallels between XRP’s current price structure and the 2017 bull cycle. He believes the token may be exiting an “Intermission Phase” before entering a new significant rally.

“Current prices may just be setting up for another breakthrough rally!” Marks said.

Reaching $11 would require an increase of around 431% from current levels, something that would depend on a significant inflow of capital and increased market share.$XRP