XRP's price, which has been stagnant between $2.00 and $2.60 since March, may soon break out due to several key factors. Ripple's increasing acquisitions, including a recent $1.25 billion deal and plans for more, aim to enhance its ecosystem, potentially driving demand for XRP. Moreover, the upgrades to the XRPL blockchain will improve programmability and introduce a new lending protocol. The growing participation in CME XRP futures, with over $542.8 million in trading volume in the first month, indicates significant interest from institutional players, further supporting a bullish outlook. Technical analysis suggests that XRP could be preparing for a breakout, especially if it surpasses $2.65, with predictions indicating potential price targets between $5 and $14. This consolidation phase has set the stage for a possible bullish movement, aligning with various market indicators.

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