Ripple Price Climbs Over 10%, Analyst Debate: Breakout or Bull Trap?

Ripple’s XRP token experienced a significant surge of over 10% in the last 24 hours, reaching around $2.50 as of press time. This follows a sharp rebound from levels below $2.20 earlier in the week. Meanwhile, trading volume also climbed above $4 billion, sparking debate about whether this movement signals an impending rally or a short-term market fluctuation. The question remains: Is this a breakout signal or merely a brief reaction?