XRP has gained significant momentum, trading between $2,50 and $3,00, with technical indicators pointing to further gains. A cup-and-handle pattern suggests the possibility of a breakout, potentially driving the price toward $3,35.

Technical Setup Favors an Upside Move

Analysts highlight XRP’s formation of a cup-and-handle pattern, a historically bullish signal. If the asset breaks key resistance levels, it could trigger a rally toward $3.35, marking a continuation of its upward trend that began in mid-January.

Market Interest and Open Interest Surge

Investor interest in XRP has surged, with open interest in futures contracts rising sharply. Institutional traders are showing increased activity, suggesting expectations of further price appreciation. Additionally, funding rates remain positive, reinforcing bullish sentiment.

Volume and Liquidity Trends Support Growth

XRP’s trading volume has significantly increased, aligning with its price movement toward $3,00. A positive net inflow into the asset further indicates growing investor confidence, strengthening the case for continued upward momentum.

Can XRP Maintain Its Bullish Trend?

Market conditions remain favorable, with rising liquidity and strong investor engagement. If the breakout materializes, XRP could see further gains, with $3,35 as the next major target.