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<ul>
 <li>XRP targets $2, testing highs from April 2021 amid bullish trends and legal challenges.</li>
 <li>XRP eyes $2 breakout, driven by bullish momentum and potential lawsuit resolution by summer’s end.</li>
 <li>Analysts see XRP nearing critical breakout, with $2 target contingent on overcoming key resistances.</li>
</ul>
<p><a href="https://ripple.com/xrp/" target="_blank" rel="noopener noreferrer nofollow">XRP</a> is showing robust signs of a potential breakout, as it tests highs from April 2021. The moving averages indicate a bullish trend. The next target is set at $2.00, and this surge could happen imminently.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> is showing strong signs of a breakout! It’s testing April 2021 highs and the moving averages suggest a bullish trend. Next target: $2.00! This will happen sooner than later <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4af.png" alt="💯" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> <a href="https://t.co/5l1iU3kXPL" rel="noopener noreferrer nofollow">pic.twitter.com/5l1iU3kXPL</a></p>— Armando Pantoja (@_TallGuyTycoon) <a href="https://twitter.com/_TallGuyTycoon/status/1808284136810922056?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 2, 2024</a>
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<p>This optimistic forecast is fueled by the possibility of XRP decoupling from its prolonged bearish trend. Analysts highlight that XRP is approaching a critical juncture, although hindered by ongoing legal battles between <a href="https://cryptonewsland.com/judge-torres-xrp-ruling-prevails-as-law-of-the-land-by-courts-xrp-army-rejoices/" target="_blank" rel="noopener noreferrer nofollow">Ripple</a><a href="https://cryptonewsland.com/judge-torres-xrp-ruling-prevails-as-law-of-the-land-by-courts-xrp-army-rejoices/" rel="noopener noreferrer nofollow"> and the SEC</a>.&nbsp;</p>
<p>The altcoin’s price has remained subdued under the weight of this lawsuit, discouraging many investors. Despite these challenges, there are indications that XRP might be ready for a significant price rally.&nbsp;</p>
<p>XRP’s in a consolidation phase, reducing volatility and positioning itself for an upward movement. The daily, weekly, and monthly charts show that the price of XRP is at resistance. Breaking through these resistance levels could push XRP’s price to $2. For XRP to achieve these targets, it must maintain support at $0.4637 while overcoming resistances at $0.4962 and $0.5720.&nbsp;</p>
<p>The lawsuit’s resolution, expected by <a href="https://www.linkedin.com/in/bradgarlinghouse" rel="noopener noreferrer nofollow">Ripple’s CEO Brad </a><a href="https://www.linkedin.com/in/bradgarlinghouse" target="_blank" rel="noopener noreferrer nofollow">Garlinghouse</a> to conclude by the end of summer, could be a significant catalyst for XRP’s price surge. A favorable outcome would not only benefit XRP but also serve as a positive signal for the broader cryptocurrency market, curtailing the SEC’s regulatory overreach.</p>
<p>As XRP approaches this critical breakout point, the anticipation is high. The <a href="https://cryptonewsland.com/whales-stir-excitement-as-crypto-market-eyes-xrps-2-milestone/" rel="noopener noreferrer nofollow">crypto </a><a href="https://cryptonewsland.com/whales-stir-excitement-as-crypto-market-eyes-xrps-2-milestone/" target="_blank" rel="noopener noreferrer nofollow">market</a> watches closely, eager to see if XRP will decouple from its bearish past and embark on a bullish trajectory towards the $2.00 mark.&nbsp;</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
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<p>The post <a href="https://cryptonewsland.com/xrps-surge-to-2-might-be-sooner-than-expected-xrp-could-outperform-bitcoin/" rel="noopener noreferrer nofollow">XRP’s Surge to $2 Might be Sooner than Expected, XRP Could Outperform Bitcoin</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

XRP’s Surge to $2 Might be Sooner than Expected, XRP Could Outperform Bitcoin

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