XRP Clears $3 as Price Discovery Looms, Eyes Rally Beyond $4.40

XRP has surpassed $3, reaching levels not seen in years, and is currently trading around $3.07. Its price has increased by 26% in the past week. There's speculation that XRP might enter a 'price discovery' phase, potentially exceeding its all-time high of $3.35. Market activity is up, with a 33.9% increase in trading volume in the last 24 hours and large investors accumulating 2.2 billion XRP this month. Technical analysis suggests that if XRP maintains support above a certain level, it could rally towards $4.40. There is also increasing discussion about a potential ETF, which could attract more investment.