XRP has seen a surge in institutional demand, pushing its price to $1.48 after reaching as high as $1.54 billion in just 96 hours.
This significant influx of XRP into institutional addresses has helped balance out the sales pressure, creating a positive technical outlook for buyers.
If XRP can break past the $1.50 resistance level, it is expected to reach a target price of $1.80 in the mid-term.
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