XRP's price has seen a breakout after a period of consolidation, and whale activity suggests bullish momentum for the cryptocurrency. Whales spent over $50 million on XRP over the weekend, indicating confidence in the token's prospects. Technical indicators also point to a possible continuation of XRP's rally, with the potential to reach the $2 level. However, XRP's momentum is dependent on Bitcoin's performance, and if Bitcoin remains bullish, XRP could push towards $2. The positive market reception of Donald Trump's election and Gary Gensler's exit from the SEC have also boosted XRP's prospects. XRP is currently trading at $1.42 and has rallied by 25% in the last week. However, caution is advised as the asset is in overbought territory, and there is a potential risk of a pullback.



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