XRP rose by 7.53% this week, but faced heavy selling at the end of the weekend due to the hacking of the CENT wallet and reports of XRP theft on Bitget. The aforementioned security incidents may suppress market sentiment in the short term.

Based on the current price trend, XRP is likely to continue trading between $1.30 and $1.60 before a new trend is formed. Traders will be watching whether XRP can hold the lower boundary of this range, while also keeping an eye on the resistance around $1.60.

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