XRP Responsively Showing Positive Price After The Big Announcement.

Right from the inception of the announcement of Hiring hundreds of developers down to the opening of the Canada office, Ripple(XRP) has been making headlines daily.

Recently, Lotus, the iconic British performance car brand partnered on its first NFt collection with industry expert NFT PRO, and with Ripple as the blockchain partner providing technical support on the ultra-fast, low-cost, and carbon-neutral XRP Ledger (XRPL) blockchain.

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It all started after the company announced the hiring of the “50 engineers in Toronto to expand to hundreds of blockchain software engineers including applied machine learning scientists, data scientists, and product managers.”

The increase came after the consolidation on June 9th, in which XRP traded between $0.31 and $0.33 for several days. The breakout above $0.3340 appears to have triggered a wave of buying that pushed the price as high as $0.38.

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Then after the XRP has a pull back to $0.3679 at the writer’s time.

the next level to hope to see now, are $0.40, $0.45, and $0.52, with the last level being where XRP topped out in early May before starting another sharp fall.

Any further break through the current level, XRP should be expected at the $0.60 level.

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Cryptolifedigital is a cryptocurrency blogger and analyst known for providing insightful analysis and commentary on the ever-changing digital currency landscape. With a keen eye for market trends and a deep understanding of blockchain technology, Cryptolifedigital helps readers navigate the complexities of the crypto world, making informed investment decisions. Whether you're a seasoned investor or just starting out, Cryptolifedigital's analysis offers valuable insights into the world of cryptocurrency.