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Ripple Price Prediction: Risk-on sentiment returns as XRP eyes breakout to $3

Ripple (XRP) edges higher on Monday, climbing 1.54% on the day to trade at $2.11 at the time of writing. Buyers continued to buy the token despite the drawdowns in April, showing resilience and determination in upholding XRP above the $2.00 level. Several factors that could be contributing to the token’s bullish momentum include the launch of XRP futures trading by Coinbase Derivatives and a spike in open interest. With technical indicators flashing buy signals amid an improving sentiment across the crypto market, XRP price would be poised for a breakout targeting $3.00.

Ripple Price Prediction: Risk-on sentiment returns as XRP eyes breakout to $3

Ripple (XRP) edges higher on Monday, climbing 1.54% on the day to trade at $2.11 at the time of writing. Buyers continued to buy the token despite the drawdowns in April, showing resilience and determination in upholding XRP above the $2.00 level. Several factors that could be contributing to the token’s bullish momentum include the launch of XRP futures trading by Coinbase Derivatives and a spike in open interest. With technical indicators flashing buy signals amid an improving sentiment across the crypto market, XRP price would be poised for a breakout targeting $3.00.

https://www.fxstreet.com/cryptocurrencies/news/ripple-price-forecast-could-open-interest-buy-signals-coinbase-derivatives-backed-xrp-futures-drive-price-to-3-202504210500