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XRP Price Prediction: Critical Bug Almost Drained User Wallets — Are XRP Holders Safe Now?

A severe logic bug was simply caught within the XRP Ledger earlier than it may go dwell.

Researchers discovered a flaw within the proposed “Batch” modification (XLS-56) that, beneath sure situations, may have allowed attackers to govern grouped transactions.

The situation got here from how transaction signers had been validated inside batch loops. In a worst-case situation, it may need opened the door to unauthorized modifications to the ledger.

Source: XRPL

The key level: the modification was nonetheless within the voting section. It was by no means activated on mainnet. No funds had been in danger. No property had been misplaced.

Developers moved shortly sufficient. The Rippled 3.1.1 launch marked the Batch modification as unsupported, shutting down the chance earlier than activation.

A deeper repair that tightens authorization checks is now beneath evaluate. So, are XRP holders protected now? Yes, positively, though the worth is probably not resistant to new lows.

XRP Price Prediction: Can Bulls Defend This Very Important Level?

XRP remains to be in a broader downtrend, however the bounce from $1.35 issues.

Price tapped that help, reacted laborious, and reclaimed the decrease fringe of the descending channel. That exhibits patrons are nonetheless energetic right here, relatively than letting it slide towards $1.15.

Now it’s about construction. If XRP retains printing larger lows above $1.35 and pushes towards the higher trendline, stress builds on $1.61. That is the true pivot.

Break and maintain above $1.61, and the decrease high sample contained in the channel will get invalidated. Then $1.90 comes into view, adopted by $2.20, and probably $2.40 if momentum continues to develop.

The danger is easy. Another deep retest of $1.35 weakens it. Lose that degree cleanly, and $1.15 turns into the following goal.

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