XRP Must Surpass $3.10 to Gain Traction — Japanese Minister Supports Cryptocurrency

XRP Market Analysis: XRP is currently in a consolidation phase, with traders closely monitoring its price movements around the $2.80 support level and the critical resistance at $3.10, which could trigger significant trading activity if surpassed.

Potential for Price Surge: Market commentator Olivia Jane suggests that a breakout above $3.10, supported by increased trading volume, could lead to a bullish trend for XRP, potentially reaching $3.20.

Japan's Crypto Acceptance: Japan’s Finance Minister Katsunobu Kato advocates for the integration of cryptocurrency into diversified investment strategies, emphasizing the need for a proper regulatory environment to balance innovation and risk management.

Regulatory Framework Importance: Kato's remarks highlight Japan's commitment to fostering a responsible crypto market while maintaining financial stability, reinforcing its position as a leader in cryptocurrency regulation and adoption.