XRP Soars Past Resistance as Crypto Market Rebounds Post Fed Pause

After the U.S. Federal Reserve’s decision to pause interest rate hikes, XRP experienced a powerful rally, exceeding $2.30 and breaking past its key resistance levels. This surge was driven by increased trading volume and investor optimism following the market’s temporary pullback. 138% volume increase on the day confirms strong buying activity. XRP’s momentum is further supported by bullish indicators such as a MACD crossover and RSI at 55.41, suggesting potential for further gains. Simultaneously, Bitcoin broke through $100,000 with increased strength, fueling a wider market rebound.