XRP’s Stellar Run: Legal Win, ETF Buzz Fuel Bullish Sentiment

• XRP displays resilience post Ripple-SEC ruling, bullish sentiment prevails.
• On-chain data supports XRP’s positive outlook as the exchange supply dwindles.
• Ripple’s legal win paves the way for broader crypto industry clarity.

XRP, the digital asset at the heart of the Ripple vs. SEC legal battle has seen a significant price jump after the August 8th ruling. With the initial euphoria somewhat subsided, but the token continues to gain traction.

Influential figures in the crypto space predict substantial price gains for XRP, with targets ranging between $8-$10. There is potential for even higher levels if certain conditions are met, such as an IPO or an ETF. While such forecasts might seem far-fetched, the leading altcoin has shown remarkable strength.

Technical analysis suggests that the leading altcoin is poised for a potential breakout towards the $0.5650 mark. According to the daily chart outlook, the XRP/BTC pair is expected to play a significant role in XRP’s future trajectory. While the token faces short-term turbulence, the overall outlook for XRP remains optimistic.

Source:CRYPTOWZRD

To further support the bullish narrative, Santiment data rev…

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