🛑A surge in on-chain activity propels XRP to $0.56, riding on the coattails of Bitcoin's recent gains. 🚀

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

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

In response to Chair Gary Gensler's cryptocurrency remarks, a Ripple-supporting attorney criticizes the SEC's case against the company. ⚖️

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

The Ripple ecosystem, including XRP on-chain activity, likely contributed to these recent advancements. 🔄

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

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. 🎯

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

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. ⛔

#xrp #Ripple #Write2Earn 🚀$XRP