XRP, the fourth-largest cryptocurrency in the market, experienced a notable flash crash on October 10th, plummeting toward $1.25, with a subsequent decline last week bringing it down to $1.82.

Fast-forward to the end of the month: The digital currency has reclaimed some ground and surpassed the $2 mark in the past 24 hours. However, obstacles remain that could hinder XRP’s rally, as analyst Sean Williams of The Motley Fool has noted.

Major Catalysts Behind XRP’s Price Surge This Year

In a recent report , Williams pointed out that while XRP has rallied by 34% over the past year, compared to Bitcoin’s (BTC) 14% retracement, the path ahead is fraught with challenges.

However, when examining the token’s price performance, which surpassed that of the other top 10 cryptocurrencies year

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