XRP has recently shown remarkable performance, witnessing a 15% increase over the past seven days from a low of 1.61. Various technical analysts suggest that maintaining a daily closing price above 2.20 could indicate a robust trend reversal, making a run toward double digits a realistic possibility. This surge in XRP’s price could signal increased investor confidence and development within the Ripple network.

Traders closely monitor XRP’s price movements, as they often echo shifts in market sentiment surrounding cryptocurrencies. If momentum keeps building, XRP may not only regain former highs but also challenge significant resistance levels that could lead its price northwards.

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