Saad Ullah
Markets were taken by surprise as VivoPower International PLC (NASDAQ: VVPR) delivered a powerful rally. VVPR surged 25% intraday and has now gained 60% from its June lows. Speculation linking the company to the XRP treasury has drawn the attention of traders and investors alike.
VVPR Explodes Higher: 25% Gain in a Single Day
As shown on the 4-hour TradingView chart, VVPR opened at $5.73, hit a high of $5.75, and closed at $5.70, marking a daily decline of -0.35% — though the prior momentum shows a sharp upward breakout.
Back in mid-June, the stock was trading around $3.41, and the current level marks a more than 60% rally in just a few weeks. That kind of move rarely escapes the radar of large-cap investors.
The XRP Connection and What’s Next for VVPR
Rumors of a potential connection between VivoPower and the XRP treasury have sparked bullish momentum. While the company has not made any official announcement, the market’s reaction was immediate.
If this bullish momentum continues, VVPR could target the $6.20–$6.50 range. However, after such a sharp rise, traders should watch for possible short-term profit-taking.
Saad Ullah
