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Ripple (XRP) Surges, Creating a Bullish Engulfing Candle With 5% Gain

  • Ripple's XRP has surged by 5% and created a bullish engulfing candle, improving market sentiment.
  • Grayscale's announcement of an XRP Trust has sparked optimism and speculation about an XRP ETF.
  • Technical indicators suggest a potential trend reversal and increased momentum for XRP.
  • Immediate resistance for XRP is at $0.5707, with subsequent targets at $0.60 and $0.65.

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