The price of XRP has recently surged to $2.20, representing a significant increase following a steady climb since late 2024. Chart data indicates that the cryptocurrency has gained more than 5% in the past 24 hours, with traders and long-term holders eager to see if the rally is sustainable. XRP has been on a rise since its lows in 2022 and has now surpassed critical resistance. The next major milestone for the cryptocurrency is reaching the psychologically important $5.00 mark. The rally in 2023 and bullish momentum on the chart suggest investor confidence and optimism about future price increases. The rise of XRP can be attributed to factors such as increased adoption of blockchain technology and Ripple services, as well as its role as a cross-border payment solution. Resolving legal issues surrounding XRP is seen as a potential catalyst for further price increases. While XRP may struggle with resistance in the $2.50-$3.00 range, a rally to the next resistance or even $5.00 could be on the horizon.



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