XRP has experienced a notable increase in value, recently surpassing the $1.62 mark. This surge represents a gain of over 50% since last Tuesday, drawing significant attention from both investors and market analysts.
The rally is driven primarily by leverage, a common strategy used in cryptocurrency trading. The use of leverage indicates confidence among investors that the positive trend will continue.
There is an optimistic sentiment in the market that XRP could soon reach the crucial $2 level, as momentum and interest in the cryptocurrency grow.
