XRP is currently hovering around the $2.00 - $2.10 support zone, with traders aiming for a potential 20% rebound towards the $2.50 resistance.
Derivatives volume surged 110.59% to $8.94 billion, and open interest increased by 5.76%, indicating heightened market activity.
ETF speculation for 2025 and corporate treasury accumulation of over $400 million are contributing to the anticipation surrounding XRP’s next moves.
Technical dynamics and key levels for XRP are closely watched, with $2.00 as support and $2.50 as resistance. Mixed signals from momentum oscillators and cautious derivative traders are influencing market sentiment.