The Trust Layer for Market Analysts

XRP has recently experienced a significant surge, reaching a market cap of up to $200 billion before pulling back. The current price of $1.34 appears to be a good level, but there is still potential for further downside. This could present an opportunity for accumulation. The long-term trend appears bullish, with potential targets around $1.60, but a break below $1.20 would invalidate this bullish outlook.