XRP in its Prime! 😎✨💥
The record open interest of XRP is an important indicator that reflects market sentiment and trading activity. This means there is greater interest in the cryptocurrency, which can lead to an increase in liquidity and trading volume.
At this moment, XRP is in "bull mode" and there are high price expectations. After three years, the price of XRP has once again surpassed $1.30, and its target is to exceed $2.
Additionally, the possible approval of an exchange-traded fund (ETF) based on XRP could increase liquidity and facilitate access for traditional investors to the cryptocurrency. This could have a positive impact on the price of XRP.
It is important to highlight that the change in the political landscape of the United States, with the victory of Donald Trump, could play a vital role in the regulation of cryptocurrencies and, therefore, in the price of XRP.
Source: Criptonoticias (Website)