Crypto trading analyst predicts that XRP has the potential to rally to $8, based on its movement within an ascending channel. XRP is currently testing a resistance zone near $3.20 and a breakout above this level could lead to a climb towards the $8 target. XRP is supported by strong bullish momentum, with its moving averages trending upward and the RSI indicating overbought conditions. Another analyst notes that XRP's breakout above $3 could lead to new highs, potentially reaching $5.85 in the medium term. Market sentiment for XRP has shifted positively after consolidating below $1, and the resolution of the SEC case under the new administration is expected to be favorable for XRP. Despite a minor price drop, XRP has been predominantly in the green over the past seven days.



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