*XRP Rises 1.23% Supported by US$4 Billion Volume and 75% Long Positions**

XRP experienced a price increase of 1.25% with trading volume exceeding US$4 billion in the last 24 hours, indicating a surge in market activity. This spike has prompted many traders to open or add to their *long* positions, showing optimism about the potential for short-term price increases.

Derivative data shows open interest in XRP futures contracts reaching US$1.7 billion, with over 75% of traders holding *long* positions. This condition reflects strong market confidence and momentum that could trigger further buying pressure if XRP manages to break through the *resistance* level.

Although there have been no major news from Ripple or US regulators,