XRP is on a rollercoaster ride, soaring 26.50% to $1.95, its highest since April 2021, thanks to whispers of a Ripple stablecoin approval. 🎢 But hold onto your hats! The thrill might be short-lived as XRP hits resistance in its ascending channel, hinting at a potential 20% dip.

- Overbought RSI levels signal buyer fatigue.

- Whales are cashing out, selling 30 million XRP.

- Derivatives market sees a 37% spike in open interest, echoing past dips.

Stay tuned and keep those seatbelts fastened; the crypto coaster is far from over!