Why is $XRP roaring 5.9% higher today?
The token jumped to $1.4129 on a surge of buying pressure, with 24‑hour volume spiking to $305 M—well above its 7‑day average. The move broke through the $1.40 resistance, snapping a short‑term downtrend and pulling the price into the $1.45‑$1.50 target zone. On‑chain metrics show a modest uptick in active addresses, while sentiment on social platforms turned bullish after a recent court filing hinted at a possible favorable outcome for the ongoing lawsuit.
However, the rally still faces key hurdles
The token jumped to $1.4129 on a surge of buying pressure, with 24‑hour volume spiking to $305 M—well above its 7‑day average. The move broke through the $1.40 resistance, snapping a short‑term downtrend and pulling the price into the $1.45‑$1.50 target zone. On‑chain metrics show a modest uptick in active addresses, while sentiment on social platforms turned bullish after a recent court filing hinted at a possible favorable outcome for the ongoing lawsuit.
However, the rally still faces key hurdles