$XRP xrp is currently trading at $2.42, with a 1.53% increase in the last 24 hours. The cryptocurrency has shown a bullish trend, supported by improving sentiment in the broader crypto market. Here's a breakdown of XRP's analysis:

- *Technical Indicators:*

- Moving Averages: Buy signal with 12 buy and 1 sell signal

- Oscillators: Neutral with 2 buy and 1 sell signal

- Overall Technical Rating: Buy signal

- *Price Prediction:*

$XRP - XRP's uptrend is gaining traction with Open Interest surging nearly 25% to $4.96 billion

- Potential push toward $3.00 in the mid-term

- *Support and Resistance:*

- Key support levels: $2.28, $2.29 (50-day EMA), and $2.26 (100-day EMA)

- Resistance levels: $2.50 and $2.89

- *Market Sentiment:*

- Improving sentiment in the broader crypto market, driven by Bitcoin's rally to new all-time highs

- Increased institutional interest with Volatility Shares launching XRP futures ETF on NASDAQ ¹ ² ³