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XRP Price Prediction & Analysis: Can XRP Break Through After Presidential Nod?
After a rollercoaster ride of a week, XRP (Ripple) has finally received a presidential nod. The token experienced a significant price surge, jumping 30% within a short period. This upward momentum is fueled by renewed optimism surrounding the asset’s potential use in cross-border transactions and its inclusion in the US crypto strategic reserve. However, despite this positive trend, XRP remains susceptible to selling pressure.
The market data from the past few days suggests that a large number of tokens have been liquidated, causing the price to drop to around $2.45. As seen in the chart below, the whale activity observed early last week has slowed down, and instead, there has been a shift towards increased selling.
Source: https://coincentral.com/xrp-price-prediction-analysis-can-xrp-break-through-after-presidential-nod/
