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XRP price path to $3.40 remains intact — Here is why

cryptoweekly by cryptoweekly
May 16, 2025
in bitcoin, News
0

XRP price recovery remains on course as its futures open interest rises, but can it retest its multi-year highs at $3.40 in this month?

Key takeaways:

XRP price is forming a bullish V-shaped recovery pattern targeting $3.40.

A 53% surge in open interest to $5.06 billion signals bullish sentiment.

Read more

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  • CoinMarketCap has 'identified and removed' malicious wallet scam
  • Bitcoin in a post-Trump world worries hedge fund execs: Eric Semler
  • Bitcoin futures premium falls to 3-month low despite strong BTC ETF inflows
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  • Thai SEC opens consultation period for token issuance rules
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  • Norway’s government explores crypto mining ban amid energy supply concerns

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