Summary: XRP has broken through its month-long resistance at $2.73 and is now trading at $2.85, just 16% away from its all-time high (ATH) of $3.31. The surge in Open Interest (OI), currently at an all-time high of $5.99 billion, indicates market optimism and increased trader participation. However, whale accumulation could hinder XRP's upward trajectory. Recent selling by whales has fueled the price rise, but their increasing holdings could introduce selling pressure and slow XRP's momentum. A retest of $2.73 as support is critical for XRP to achieve a new ATH, while a loss of this support could lead to consolidation above $2.18 and delay a new ATH.
- Content Editor ( beincrypto.com )
- 2025-01-15
XRP Price Stands Just 16% From All-Time High After Breaking Month-Long Barrier