I'm optimistic about XRP's outlook after its breakout above the crucial $0.60 level, driven partly by increased buying from whales, evident in the surge in open interest. The upcoming appeal deadline on December 6th could fuel further bullish momentum. I've taken a long position at $0.60, anticipating more upside, though a potential sell-off signaled by open interest could reverse the trend. Key levels to watch include $0.615, which, if breached, could propel XRP toward $0.64-$0.65. Conversely, failure to hold these levels might see it drop back to $0.575-$0.60.
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