$XRP 📊 Price Developments & Market Situation

• XRP is currently trading at $3.57, up about 3.5% on the day  .

• The price has broken through the resistance zone around $3.40–$3.56, then slightly corrected  .

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🚀 Upsurge Trend & Technical Forecasts

• An MVRV golden cross has appeared, with many experts leading expectations that XRP could increase sharply, even reaching 6x – equivalent to a target from $14 to $25 if a similar model is repeated .

• Some more realistic forecasts suggest XRP could reach $4–$5 by the end of the month, expressed by ETFs and new inflows .

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🏦 Main Drivers & On-Chain Data

• XRP futures open interest increased sharply, exceeding $10–$11 billion, showing large buying power from institutions  .

• Activity on the XRP Ledger increased by ~50% in the month, with daily trading volume reaching ~$1.4 billion – the highest since the beginning of the year .

• At the same time, there is a risk of profit-taking: new investors are decreasing and long-term wallets are showing signs of profit-taking – potentially causing XRP to adjust back to the support zone of $3.30–$3.40 or lower around $3.00 .

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🏛️ Legal Factors & Macro Finance

• The “Crypto Week” package of laws in the US (including the GENIUS Act) creates conditions for ETF inflows – XRP benefits from a similar trend to Ethereum .

• Ripple and RLUSD – a USD stablecoin on the XRP Ledger – have been launched, supporting fast cross-border transactions and reducing foreign exchange risk .

• Ripple has been in the sights of the US Strategic Cryptocurrency Reserve – a positive sign of policy approval .