Ripple’s XRP token surged 71.8%, climbing from $0.988 to a peak of $1.698 in ten to twelve days, before pulling back 20% to $1.40. This correction follows Fed Chair Kevin Warsh’s hawkish speech at Jackson Hole. The crucial support level now sits between $1.35 and $1.38, where approximately 3.2 billion XRP were traded according to the URPD indicator. If XRP breaks above $1.86, the token could target $2.00 to $2.19.
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