Crypto traders are increasingly betting on a price rise for XRP, as shown by a surge in open interest, says CryptoQuant author Woominkyu. However, he warns that this could also lead to increased price volatility. Despite a year-to-date downtrend, XRP's open interest began to rise on June 11, possibly linked to developments in Ripple's lawsuit against the SEC. A key technical chart suggests XRP could be on track for a price breakout by the end of June, if it can hold above the $0.47 support mark. However, potential negative news from the SEC vs Ripple lawsuit could negatively impact the market.