Ripple's XRP has experienced a steady uptrend over the past week, reaching a two-month high of $0.64 with a 19% increase. Analysts believe XRP may return to its year-to-date high of $0.74 soon due to a decrease in selling pressure as more tokens are moved off exchanges. The surge in open interest and a positive funding rate suggest further price increases and bullish sentiment. However, if bullish pressure weakens, there may be a correction in price below $0.60.



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