XRP price has settled above the key support level at $1.50 today after several weeks of recovery. The fourth-largest altcoin by market cap rallied to an intraday high of $1.60 before the move cooled off, with price hovering closer to the $1.50–$1.52 range at the time of writing. Even so, a growing set of on-chain and market signals point to the possibility that XRP could continue its advance from current levels, particularly as broader market sentiment has improved noticeably over the past sessions. Bullish catalysts for XRP price First, demand for XRP has been rising.
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