XRP has experienced a significant surge in price, reaching new yearly highs and capturing the attention of investors and analysts. Analyst Carl Runefelt believes that XRP has broken above a multi-year resistance level, signaling the potential for a massive rally in the coming weeks. Positive developments in the broader crypto space, such as SEC Chair Gary Gensler potentially stepping down and Donald Trump's pro-crypto stance, have further boosted market sentiment. XRP's resurgence after years of underperformance and legal battles has sparked optimism among investors and analysts. The breakout marks a turning point for XRP, and many believe that it has the potential to rise above its previous all-time high. XRP currently trades at $0.82, and the next critical supply level to test is $0.92. If XRP can maintain its bullish momentum and establish $0.92 as a support zone, demand could skyrocket, propelling the price further. However, if the price struggles to hold this level, XRP could enter a consolidation phase. Traders and investors are closely monitoring these key levels to determine the future price action of XRP.



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