Ripple's XRP is holding near a key support zone after a 4% weekly drop, while rising volume indicates ongoing investor interest.
A 27-week consolidation pattern suggests a potential bullish breakout rather than a deeper correction for XRP.
Regulatory shifts and support from former President Donald Trump are enhancing market sentiment and institutional interest in XRP.
Ripple's strategic moves, including partnerships and growing DeFi activity, are strengthening the ecosystem and setting the stage for potential growth.