XRP Bulls Eye $1.50 Target as Token Surges 40% This Week

Ripple's XRP token saw significant gains on Friday, rising above $1.40 as bulls targeted a continuation of the rally above $1.50.

The remittance token surged by over 12% in a single day and more than 40% since Monday, reinforcing the bullish outlook.

A strong technical structure and capital inflows through spot Exchange-Traded Funds (ETFs) and derivatives support the upward path of least resistance.

Market sentiment remains robust, with the Fear & Greed Index climbing to 72 from 62 in just 24 hours, signaling a rising risk appetite that grounds the current rally.