XRP Breaks Out, Testing Resistance Levels as Institutional Interest Fuels Bull Run

Ripple’s native cryptocurrency, XRP, is experiencing a bullish surge, exceeding the $2.29 fair value gap (FVG) and testing resistance levels in the process. This movement is being fueled by growing institutional interest, particularly due to its inclusion on the Nasdaq Crypto US Settlement Price Index. Analysts believe this signifies potential for XRP to break out further in the coming weeks. The token’s bullish breakout was signaled by a significant change of character (CHoCH) followed by a break of structure (BOS), indicating a clear upward momentum shift.