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XRP price path to $3.40 remains intact — Here is why

cryptoweekly by cryptoweekly
May 16, 2025
in bitcoin, News
0

XRP price recovery remains on course as its futures open interest rises, but can it retest its multi-year highs at $3.40 in this month?

Key takeaways:

XRP price is forming a bullish V-shaped recovery pattern targeting $3.40.

A 53% surge in open interest to $5.06 billion signals bullish sentiment.

Read more

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Recent Posts
  • SEC approves conversion of Grayscale's large-cap crypto fund into ETF
  • SOL ETF news gain evaporates, while chart warns of another 20% drop
  • Bitcoin at risk of deeper drop as BTC slips below key support levels
  • US regulator considers simplified path to market for crypto ETFs
  • Connecticut governor approves law prohibiting crypto use in government
  • Bitcoin analysts say market quickly absorbs selling, paving way for a bullish July
  • Connecticut Governor signs bill banning public officers from using BTC and other crypto assets

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