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XRP Rally Ignites as Traders Rush In After Fed Pause and Bitcoin Breakout

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XRP price rally breaks $2.30 after Fed pause and Bitcoin $100K breakout
  • XRP hits $2.30 after Fed pause, 138% volume surge confirms bullish buying
  • MACD crossover and RSI at 55.41 show XRP rally still has upside room
  • XRP breaks past $2.21 resistance as Bitcoin clears $100K with strength

XRP saw a strong surge in momentum over the past 24 hours, gaining traction as trading volume more than doubled. This rally came as the broader cryptocurrency market rebounded following a temporary pullback. Investor sentiment quickly shifted after the U.S. Federal Reserve chose to hold interest rates steady, maintaining the benchmark range at 4.25% to 4.5%. 

While the initial market reaction to the Fed’s decision saw some price dips, the pullback proved short-lived. Aggressive buying quickly emerged, driving a widespread recovery across major digital assets. XRP responded decisively to this environment.

XRP’s Bullish Price Action Breaks Past Key Resistance

After a brief dip earlier in the trading session (potentially near $2.11, according to some charts like CoinMarketCap), XRP reversed course sharply on strong buying interest. The price then pushed through previous resistance levels, establishing a new higher high around $2.30. 

This move…

The post XRP Rally Ignites as Traders Rush In After Fed Pause and Bitcoin Breakout appeared first on Coin Edition.

10h ago
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