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The last encryption market has survived from the dumping storm, with Bitcoin (BTC) and Altcoins like XRP is now higher than the main resistance levels. At the time of writing this report, XRP exceeded the joint encryption market. While the currency increased by 11.79 % in 24 hours, According to To CoinmarketCap, the ceiling of the joint encryption market increased by only 4.55 % during the same period. This view represents a great return to XRP in an attempt to restore its highest level (ATH).
XRP escapes the biggest violent reaction
Last week, the XRP test, especially retail investors and institutions, is represented.
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In the midst of the possibilities of US strategic digital assets, the maximum bitcoin sought to exclude XRP. However, the CEO of Ripple Brad Garlinghouse criticize The idea, with most altcoin communities do the same.
Fear, uncertainty and suspicion (FUD) at that time led to a huge sale that saw the XRP trade of $ 2.726. Although the worst sales operations it witnessed last month, society's solidarity, according to experts, shows the project's entitlement.
At the time of writing, the currency jumped to the highest level of decisive resistance and was trading at $ 3.101. Return to this level comes with new expectations for investors, with the possibility of ATH recovery from $ 3.841.
Correct conditions
The optimal ecological system of XRP looks, which helps to draw its internal and external growth. Ripple Labs continued to develop new products such as Rlusd StablecoinEnhance LEDGER XRP (XRPL) and a distinctive symbol to create new use of currency.
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Ultimately, there is an increasing trend between asset managers to pay to get ETF XRP. like I mentioned Earlier, Tuttle Capital applied to get 2x XRP ETF financial lever with the United States.
Other investment companies such as Coinshares, Canary Capital and Grayscale Investments, all in the hope of obtaining approval of the product. Founding investors will flood the market if this is achieved, putting XRP for the huge accumulation and potential prices.
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