XRP gained 7.53% during the week but faced heavy selling toward the end of the period following reports of the D’CENT wallet hack and the XRP stolen from Bitget. The security incidents may weigh on market sentiment in the near term. Based on the current price action, XRP could continue trading between $1.30 and $1.60 before a new trend develops. Traders will watch whether XRP can hold the lower end of the range while facing resistance near $1.60.
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