XRP has seen a 2% surge in a day, indicating a potential bullish breakout. Despite recent declines, technical indicators and institutional interest are fueling optimism for a reversal. XRP has broken crucial resistance levels and could target prices of $2.42, $4.29, and $5.85 if it maintains its momentum. Franklin Templeton's filing for an XRP ETF in the US is seen as a major institutional endorsement and could attract significant buying pressure. XRP continues to attract institutional capital while Bitcoin saw outflows. Market volatility and supply-side factors add complexity to XRP's performance.



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