XRP tests $3.18 resistance following whale transfer – is a move to $3.60 next?

XRP is facing a crucial test at $3.18 following a whale’s transfer of 16.48 million XRP worth over 50 million USD. Open Interest in XRP futures surged to 9.03 billion USD, indicating rising speculative demand.

Market sentiment remains cautious, with heavy selling pressure noted. However, bullish signs may emerge if XRP breaks above $3.18, leading to targets of $3.37 and potentially $3.60.