The price of XRP surged to $2.31, reflecting a 7.2% increase after breaking the pennant at $2.21. Analysts predict a potential 40% gain, with the current open interest reaching 4.75 billion USD.
Key factors for XRP’s upward momentum include Ripple’s banking license application, SEC approvals for ETFs, and new partnerships, contributing to rising confidence among investors and a bullish market sentiment.
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