XRP surged 52% in four days from a $0.99 cycle low to $1.50, adding $32 billion to its market cap.
Falling yields, Trump backing the CLARITY Act, $400 million in whale buying, and $3.3 billion in forced short covering drove the rally.
XRP should hold $1.29 through September 15's cloture vote, but a failed vote or surging yields could push it back to $1.20.
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XRP (CRYPTO: XRP) trades around $1.50 after breaking through the $1.40 level that had rejected every rebound attempt since May. XRP rallied from its $0.9877 cycle low to $1.50 in four days , a 52% move that has taken the coin to its highest price in three months.
#four #cycle #billion
Falling yields, Trump backing the CLARITY Act, $400 million in whale buying, and $3.3 billion in forced short covering drove the rally.
XRP should hold $1.29 through September 15's cloture vote, but a failed vote or surging yields could push it back to $1.20.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
XRP (CRYPTO: XRP) trades around $1.50 after breaking through the $1.40 level that had rejected every rebound attempt since May. XRP rallied from its $0.9877 cycle low to $1.50 in four days , a 52% move that has taken the coin to its highest price in three months.
#four #cycle #billion
2 months ago
