Ripple’s XRP has seen a significant surge in value in recent days, reaching $2.34, up 1.42%. The gains were driven by $256 million in investment from institutions and large investors.
This performance is due to positive news regarding Ripple’s victories in its legal cases with the US Securities and Exchange Commission, which restored confidence in the market. Technical analysis indicates that the rise may continue if the currency exceeds the $2.5 barrier, with expectations of reaching $3 in the short term.
### Tips for investors:
1. Avoid trading based on emotions, and focus on technical and fundamental analysis.
2. Monitor daily resistance and support levels to make informed decisions.
3. Invest an amount you can afford to lose in case of volatility.
4. Follow economic news and legal issues related to Ripple to anticipate market movement.
> Note: Investing in digital currencies carries high risks, so it should be done with caution and with the help of specialists.
