XRP Dey Eye $6.67 Rally as Ripple Join Beacon Crime Network
Analyst Galaxy dey see seh XRP price dey do healthy consolidation as correct bullish pause after e strong breakout. E dey do sideways trading for around $2.70–$2.90, e dey prepare for beta rally go $3.30 and $6.67. XRP dey trade for $2.90. Dis buildup dey show market confidence and momentum.
Ripple join TRM Labs new Beacon Network too. Dis real-time crypto crime response platform dey share alert on suspicious transactions. Early data show say Beacon fit block illegal withdrawal from thefts and hacks. Ripple joining dis one show say dem dey push for regulatory collaboration and secure cross-border payments. The network dey connect exchanges, stablecoin issuers, and law enforcement to track stolen funds on-chain.
Traders make dem note dis consolidation as chance to enter before possible breakout. Key resistance at $3.30 and $6.67 na target. The synergy of technical momentum and better security through Beacon Network fit boost XRP market stability and confidence.
Bullish
Di news dey carry good gist for market. Healthy consolidation mean say momentum dey build up instead make market weak. Traditionally, after breakout like for early 2024, XRP consolidation phases usually make price sharp go up quick. Galaxy say $6.67 fit happen if strong resistance break and momentum indicators show. Current price range of $2.70–$2.90 dey give traders good risk-reward entry chance before rally fit start. Meanwhile, Ripple for Beacon Network helping secure chain and dey reduce illegal flight of funds. This collaboration with exchanges and law enforcement fit make investors trust more, reduce wahala with regulatory body and stabilize market well. Mix of technical bullish signs plus better ecosystem security support good medium to long term path for XRP. Short term, market fit try test $3.30 resistance. If success break, fit quick move go $6.67. Overall, the blend of technical and fundamental things support bullish market impact.