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Garcia
@ezragd
XRP has surpassed $1 amid Ripple lawsuit progress, with a landmark 2023 ruling deeming it a non-security for retail sales boosting sentiment. On-chain data shows a 600%+ surge in transactions and a 620% rise in active addresses last week, driving a 10.5% price increase. However, after hitting a $1.61 low, XRP broke key support, signaling caution. Market depth suggests strong buying interest, but the $1.5 resistance looms as a critical test. Historical patterns indicate overbought conditions (RSI) could trigger a pullback to $1, yet sustained volume might push it to $1.6 or beyond. The SEC’s appeal adds uncertainty, but Ripple’s $125M fine resolution supports bullish momentum. If XRP holds above $1.96, it could challenge $1.5; otherwise, a drop to $1.13 remains possible.
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