XRP Surges 40% to Break Above $1.40 Amid Regulatory Shift
Ripple's XRP token has experienced a significant surge in recent days, gaining over 40% in three days and breaking above $1.40.
This upward momentum is attributed to a combination of factors, including a shift in US regulatory policy and improving macroeconomic liquidity.
The influx of funds into XRP spot ETFs has also played a role, with net inflows exceeding $17 million over the past three days.
Currently, XRP's price is facing resistance near the $1.40 midline, but analysts predict further gains if market sentiment remains intact and Bitcoin breaks above $80,000.