XRP Don Pass $3 On Top RLUSD Launch And Hidden Road Deal
XRP don jump pass $3 afta e break out from $2.2–$2.3 range, e get power from beta market wahala wey dey around Ripple RLUSD stablecoin wey dem launch for XRPL plus how e buy Hidden Road. RLUSD market cap don pass $500 million. Futures open interest for XRP don jump 121% reach $8.11 billion since June, e near January peak dem, show say traders dey confident. Binance liquidation data show clusters of leveraged positions for $3.04 and $3.14, e fit mean say short squeeze fit happen. Even though e drop small to $2.87, XRP still dey face strong resistance at $3. If e fit break and retest that level well well, e fit clear road to $3.40 all-time high and more. Traders make dem dey watch regulatory developments plus market momentum for quick and volatile rallies wey fit happen.
Bullish
Di combined tori wey talk how XRP climb pass $3, wey RLUSD launch and Hidden Road takeover cause, plus di rise for open interest and leverage clusters, dey show say di market dey bullish. For short time, if e break pass $3 and e test am again, e fit trigger wetin dem dey call leveraged shorts squeeze, wey go make increase fast. Di rise for futures open interest and stablecoin attraction show say traders confidence dey grow, wey reduce downside risk. For long term, if resistance levels fit cross well and fundamental things strong, e go support steady rally go historical highs. Traders suppose dey alert for volatility but dem fit get bullish mind for XRP as di catalysts dey boost positive momentum.