XRP surged 17% in 24 hours, reaching a sixteen-month high of $0.8479 after starting at $0.6833. In contrast, the broader crypto market saw a decline, with total market capitalization down 2.8%. Regulatory changes in the US are pushing XRP's price rise, alongside a lawsuit against the SEC for alleged overreach, supported by multiple states. This legal action comes amid speculation that a new political administration could benefit US-linked tokens, including XRP. Rising open interest in XRP trading, up 20% to $1.3 billion, indicates strong market sentiment. Analysts express bullish expectations, with some projecting XRP could increase to as much as $11 if a positive regulatory environment continues. Technical analyses show XRP has broken key resistance levels, leading to forecasts of further price growth. This momentum, coupled with favorable trading conditions and a resolved multi-year downtrend, has positioned XRP as a potential leader in the crypto recovery phase.

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