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Binance Data Signals XRP Breakout as Sellers Face Absorption

  • XRP has surged 21% in the past week, now trading at $2.58 with sustained upward pressure.
  • Open interest has rebounded from $530 million after a significant drop, showing restored trader confidence.
  • Analysts are eyeing $3.01 and $4.40 price targets, with $2.53 currently acting as strong support for the bulls.
  • Data signals indicate aggressive selling in XRP market being met with strong absorption, potentially signaling early accumulation and a breakout.

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