Recently, XRP and ADA have been experiencing a crazy rebound. From the weekly level, XRP has seen three consecutive bullish candles, with an increase of over 100%, marking the start of a main upward wave. Its MACD indicator has crossed above the zero line, showing a diverging upward trend, indicating that there is still room for further increases, with the potential to challenge the resistance level of 1.4. If it can pull back to around 1 in the short term, it may be a good opportunity to accumulate positions in batches.

Market situation: The lawsuit between Ripple and the SEC has concluded, and they are preparing to issue a stablecoin, which is a double positive.