$XRP XRP on the brink of a strong breakout with open interest nearing its monthly high

The open interest of XRP contracts has increased to 1.5 billion, approaching its monthly high of 1.52 billion. This coincided with the price increase to $2.37 (+6.81%) following the SEC's presentation of a settlement in the Ripple case. If XRP surpasses the $2.40 barrier, it could head towards levels of $2.58 and then $3.00, supported by increasing institutional expectations.