XRP's Indecisive May vs. Bullish Bets – A Divergence Worth Watching

XRP is used by Ripple Labs to power its cross-border payments platform

XRP's May performance showed market indecision, with a doji candlestick pattern indicating potential bull exhaustion.

Despite this, bullish sentiment persists on Deribit, with significant open interest in higher-strike call options.

XRP's role in cross-border payments and expectations of a U.S. ETF listing likely breeds the bullish mood.