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Why is XRP...
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Coin Telegraph

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Image Credit: Coin Telegraph

Why is XRP price up today?

  • XRP surged on May 8 due to risk-on sentiment after US President Trump hinted at a trade deal with the UK.
  • Whale accumulation of XRP continues, with more addresses holding 10,000+ XRP, signaling confidence among large holders.
  • XRP broke above a key falling wedge resistance, increasing the chances of a rally toward $2.80–$3.66.
  • XRP's price gained 7.50% to reach $2.27, driven by Trump's tariff talk, whale accumulation, and positive technical indicators.

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