Top Exchange Releases XRP Bullish Report for the Week

Key Points

1. Ripple and the SEC have withdrawn their appeals, officially ending the long-running lawsuit, leaving the 2023 federal court ruling in place.

2. XRP outperformed other major altcoins, rising by 12% to a peak above $3.30, driven by favorable macro headlines and U.S. policy developments.

3. Key policy factors include a new rule for 401(k) retirement accounts' crypto exposure and the nomination of a Federal Reserve official critical of the dollar's strength.

4. As of the report's release, XRP was trading at approximately $3.31, with a weekly range between $3.18 and $3.33, showing resilience after a mid-week dip.

5. Uphold's technical analysis suggests monitoring the $3.30 to $3.35 range for potential breakout trends following the resolution of the SEC case.