Ripple Soars 160% After Shock Liquidations, What’s Next?

After a dramatic plunge triggered by US-China trade tensions and exceeding $1 billion in crypto leverage was wiped out, Ripple (XRP) has experienced a remarkable rebound. The cryptocurrency surged over 160% from lows near $1 to reach $2.60 as buying momentum returned after the initial shock subsided. This surge is attributed to recovering institutional confidence and a growing belief in the project’s future following recent legal settlements. Experts suggest that technical indicators point to further upward movement.