XRP Surges 52% in Four Days to Three-Month High on Four Catalysts

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Source: 24/7 Wall St.
XRP Surges 52% in Four Days to Three-Month High on Four Catalysts
Photo: 24/7 Wall St.
TL;DR Summary

XRP jumped 52% in four days from a $0.99 cycle low to $1.50, adding about $32 billion to its market cap; four catalysts—a drop in bond yields, Trump's CLARITY Act push, whale accumulation, and a short squeeze—drove the rally. The token faces support around $1.29 into the September 15 cloture vote, but a failed vote or rising yields could pull it back toward $1.20.

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