XRP is testing the top of a symmetrical triangle on the weekly chart, signaling potential upward movement.
An analyst suggests that a breakout could lead to a rally with an initial target of $1.30.
BitBoy identifies potential triggers for a positive increase in XRP, including a possible Trump victory, dismissal of SEC Chair Gary Gensler, and the end of Ripple's legal challenges.
XRPL active addresses surged to 12,230, indicating increased blockchain activity over the past six months.