XRP on fire
XRP caught a gust of wind that sent it up an impressive 26%. It has increased by 12.5% in just the last 24 hours, and in recent days we have seen it recover by almost 30%. Given XRP's weak performance in 2024, such a strong surge in bullish volatility is a sign of strength.
But let's figure it out. What does this spike really mean for XRP? This is a signal that the bulls may return the reins to the bears. If XRP can maintain this momentum, it might just jump past the $0.5997 resistance level where it stumbled earlier. Passing this would be like a high jumper clearing the bar; it shows strength and sets the stage for the next leap.
