XRP is experiencing diminishing selling pressure, indicated by a Taker Buy/Sell Ratio slightly below 1.0. The stability in Open Interest suggests traders are cautious yet not panicking, leading to a potential short-term breakout.
XRP’s price action forming higher lows and recent trading near 2.46 USD indicate a cautious rebound. If XRP continues solidifying above 2.45 USD, a push towards 2.7 to 2.8 USD could be possible.
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