XRP has rebounded from a low of US $2.10 to hover around US $2.70, with a particularly strong performance this week.
Industry optimism is growing for new crypto ETF approvals, with XRP potentially benefiting from regulatory decisions.
Analysts predict that XRP’s momentum could push its price above US $6 if the SEC/XRP legal battle resolves favorably, although a more tempered analysis forecasts a push above US $2.80.
Open Interest for XRP on exchanges has fallen to around US $4 billion, indicating a decrease in investor interest.