News of former Ripple executives dumping XRP in the market, or developments in the SEC's lawsuit against Ripple, has hit the market at regular intervals, and yet the price has been surging in the past few weeks. This pointed toward a strong bullish market sentiment, and buyers are likely to drive prices higher, with some analysts even calling for XRP ATH being broken.
On the charts, XRP was headed toward $1.25 in the coming hours. The breakout past $0.63 has seen XRP break past multiple levels of resistance to $1, and it could touch $1.71 in the weeks to come.
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