Yesterday was an interesting day for XRP! While its trading volume slipped a bit (down 8.71%), the vibe among investors stayed upbeat. Open interest—the amount of unsettled bets in the market—actually rose by 5.72%, a pretty good sign that people expect some action soon .
A big part of the excitement around XRP right now comes from some juicy rumors and high hopes for Ripple’s future moves. There’s buzz about a potential XRP ETF launch, which would make it easier for people to invest in it—kind of like what happened with Bitcoin when its ETFs hit the market . If this gets the green light, we could see XRP pushing past that stubborn $1 mark it’s been eyeing.
For now, XRP is in a bit of a waiting game, holding steady around $0.70. Some say this level is crucial for XRP to bounce higher. With traders mostly leaning long (meaning they’re betting on a price rise), it feels like they’re ready for XRP to make a big move .
So, in a nutshell: volume down a little, optimism up a lot. Whether it hits new highs or consolidates for a while, it seems XRP is gearing up for some interesting times ahead. Keep an eye on it—this could get fun!#XRP_ETF #Xrp🔥🔥 #CryptoNewss $XRP