XRP's price has surged by 51% in just seven days, from $1.00 to an intraday high of nearly $1.69.
The 4-hour chart shows a bullish pennant forming, with the price compressing between converging trendlines.
According to Crypto News, if XRP breaks above its current resistance level at $1.56, it could expose further resistance at $1.66, $1.76, and $1.86, potentially leading to a measured move target of around $2.
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