đ„XRP climbs 38%: Is this the start of a bull rally?
đ XRPâs Strong Trend
Rippleâs XRP has shown impressive growth of around 38% since July 8th, with recent gains pushing its price to about $0.6. Despite a slight drop to $0.59, XRP remains on a bullish trajectory.
đ Technical Indicators
XRPâs RSI at 65 and a positive MACD reinforce a strong bullish outlook. The technical indicators suggest potential for further price increases.
đ Weekly Performance
Over the past week, XRP has gained over 12%, maintaining a positive trend despite a recent minor pullback. The 1% gain in the last 24 hours highlights continued strong performance.
đč Futures Market Insights
Rippleâs funding rate is positive at 0.09%, indicating bullish sentiment. Open interest in XRP futures has surged to over $800 million, showing increased market activity and interest.