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Title: XRP Battles Resistance with Renewed Strength—Will August Deliver the $5 Dream?
Ripple’s flagship token, XRP, is in a precarious position as it tests investor patience and market resistance alike. Can this surge of strength propel the asset towards the coveted $5 mark? As XRP approaches a critical support level, all eyes are on whether the coin can reclaim bullish momentum.
XRP recently touched $3.65 before retreating to $2.79, leaving investors in a state of uncertainty. This pivotal moment is being closely monitored for signs of a breakout or reversal. The Ripple SEC case is still pending, with market participants eager to see how this will impact the cryptoasset’s price movement.
The possibility of an XRP ETF and increased adoption are also contributing factors to the renewed momentum. The token has demonstrated steady on-chain strength as Ripple expands its global reach through XRPL payment solutions.
Source: bravenewcoin.com
