Analysts and traders are closely monitoring XRP for a potential bullish trend, as recent movements indicate upward momentum. According to digital market analyst CRYPTOWZRD, XRP and its trading pair with Bitcoin (XRPBTC) are nearing critical resistance levels, particularly with XRPBTC approaching the 0.000011010 BTC mark. A breakout above this level could signal increased buying activity and a positive shift in market sentiment.

XRP recently tested the $0.6500 price point, and further upward movement is anticipated, potentially pushing the price toward $0.9000 or higher. In addition to the overall bullish outlook, short-term scalping opportunities are also emerging as XRP's volatility increases.

At the time of writing, XRP is trading at $0.6424, reflecting a 4.48% increase in the past 24 hours and an 8.81% rise over the past week. The trading volume has surged to over $2.58 billion in the last 24 hours, indicating growing interest in XRP as it approaches key resistance levels.

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