XRP has extended its rally, climbing 6% to reach the $1.44 mark amid sustained market optimism. This price action follows a significant milestone where XRP ETF assets hit $1.1 billion, supported by a 212% surge in spot buying on the Bitrue exchange. Technical analysis using Bollinger Bands currently signals strong upside momentum, with analysts identifying $1.51 as the next immediate target level. The ecosystem remains bolstered by recent $6 million inflows and anticipation surrounding the RLUSD stablecoin and XRPL infrastructure developments. Strategic partnerships and the proposed Market Structure Bill continue to provide a tailwind for Ripple's native token. While the $2 level remains a key psychological barrier, the current technical setup suggests a bullish short-term trajectory for the asset.
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