XRP has seen a 9% price surge over the past 24 hours, climbing from $2.02 to $2.21.
XRP’s open interest remains strong at over $3 billion despite recent price corrections.
Key resistance at $2.30 continues to cap upside momentum.
XRP is battling to maintain its position above the crucial $2 support level amid growing speculation about potential altcoin ETFs. Despite a 35% retracement from its February highs above $3, XRP’s market structure remains intact, supported by high open interest exceeding $3 billion.
The broader market has seen increased institutional interest, with CME Group recently announcing Solana futures—a move that has sparked fresh discussions about whether XRP and other altcoins could see similar institutional products. However, XRP remains in a tight trading range, with $2.30 acting as a key resistance level that bulls must break to confirm a reversal.
The decline in the XRP price follows a similar path of global market volatility which led by Bi
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