Amid the recent market recovery, XRP price saw a strong rebound from $0.50 to $0.58, marking a 16% surge. This bullish uptick is fueled by the launch of Grayscale's Trust fund and the return of XRP on the Robinhood exchange.
With sustained bullish momentum, the Ripple coin is poised to break out of the symmetrical patterns, indicating a potential further increase in value.
These developments reflect positive market sentiment towards XRP, signaling investor confidence in the cryptocurrency.