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The most difficult events imagined by XRP (XrpThe defenders occurred in 2025, but XRP continues to twice the coded currency market. On March 6, it was XRP Runway For the “Digital Asset Reserve” for the United States, and Tamulization laboratories settled A multi -year complaint with the US Securities and Stock Exchange Committee on May 8.
XRP decreased by 6 % in the three months before May 22, while the total market value of encryption increased by 10 %. Traders continue to hope for a rally of 45 % to $ 3.50, with derivative measures indicating high confidence.
Take advantage of the slopes before the possible XRP ETF menu
The overall open interest on XRP futures jumped on the main stock exchanges to 923 million XRP on May 22, an increase of 31 % of two weeks before. The $ 2.2 billion position in future contract markets indicates an increase in interest from merchants, but it is not necessarily up, as these tools can also be used to predict the negative side of the XRP price.
Some merchants argue that the increasing demand for XRP jobs The introduction of many exporters provided For the XRP (ETF) list in the United States. However, the final decision should be made by the United States in October.
Excessive demand for the bullish XRP causes a positive financing rate, which means that the phase (buyers) are the ones who pay the cost of pregnancy. Since the cryptocurrency traders are generally optimistic, it is expected that an annual financing rate of 7 % to 14 % in the neutral markets is expected, while FOMO periods can push the index over 50 %.
The annual financing rate jumped to 19 % on May 22, from the highest levels in six months. However, the current optimism level is not anywhere near the annual financing rate by 100 % from December 4, 2024, which follows a wonderful march for 7 days to $ 2.90 from $ 1.33. Away from being a decline, the current level leaves room for bullish locations on the future XRP markets.
Related to: Which members of the Senate are investing in encryption? 11 legislators have investments related to blocks
Favorable
Part of the limited upward trend of the price of XRP can be explained by the multiple rejection of the American Senator Centum Lomis, Chairman of the Digital Assets Committee at the American Conference, to meet the representatives of the ripples. CEO of Ripple Brad Garlinghouse to request On May 19, the legislator “reconsiders and is a leader of all encryption”, and discuss “how to make the United States the capital of encryption in the world.”
There is nothing that prevents XRP from reaching $ 3.50 or higher, as Ripple Labs no longer face direct threats from the organizers, which paves the way for the road Partnerships and acquisitions. Historically, the XRP reaction was very positive after these ads, and the future open interest of $ 2.2 billion can help on the price of Catapult XRP higher than the current height of the current $ 3.25 ever.
This article is intended for general information purposes and does not aim to be and should not be considered legal or investment advice. The opinions, ideas and opinions expressed here are alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
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