XRP Set for Potential Surge Amid Key Economic and Legislative Events

Key Developments for XRP This Week

• Crypto analyst Bird emphasizes the significance of this week for XRP due to macro events like the U.S. CPI and the CLARITY Act.
• The Russell 2000 index reaching new all-time highs historically correlates with XRP price surges.
• Upcoming CPI and PPI data could introduce volatility, impacting XRP prices.
• The CLARITY Act, expected to be marked up on Thursday, may provide legal clarity for XRP, potentially boosting its market position.
• Bird suggests that a surge past $2.70 could lead XRP to new all-time highs; otherwise, market manipulation might be at play.

XRP Price Projections

• Analyst CasiTrades predicts a potential rally to $2.26, cautioning that corrective price action could lead to a drop towards $1.65.
• If XRP breaks above $2.41 and sustains it as support, a downward trend may be avoided.
• XRP currently trades around $2.06, reflecting a slight decline over the last 24 hours.