XRP Price Prediction: Volume surges by 56%, bullish options bet on $3 target!

The Ripple ecosystem is rapidly heating up! XRP trading activity has become significantly active, and long positions have set their sights on the elusive $3 target price. Call options open interest has surged, especially near the strike prices of $2.80 and $3, strongly indicating that market confidence in a breakout is increasing. Furthermore, some bold traders have even set their sights on the **$4 high, with the expiration date for the related contracts being September 28, 2025.

Highlights: Nearly 2 million contracts were traded at a strike price of $3! However, most of the activity is still concentrated around $2.80. Here's a brief explanation: call options give the buyer the right (but not the obligation) to buy the asset at a specific price (strike price) in the future. This surge in activity not only indicates an increasing risk appetite, but also reflects a strong market expectation for XRP's bullish outlook.

Trading volume surged by 56%: Long positions dominate the situation Just last week, the average daily trading volume of XRP was hovering around 2.7 billion USD. And this Thursday? That figure surged to 4.2 billion USD, an astonishing increase of 56%. On the same day, the price of XRP also rose by 5%, successfully igniting the enthusiasm of both retail and institutional investors. This is not just market noise; real buying power is building up.

The excitement in the crypto community (🚀🌕) may have caught your attention on social media. But there are data supporting this wave: market momentum is shifting. With Ripple's progress in the banking sector, the stage seems set for a grand performance.

Market sentiment fully bullish: All lines are in the green Overall, the chart for XRP is a sea of red (rise) — the 7-day, 30-day, and even 1-year periods all show bullish trends. The influx of traders closely follows Ripple's latest advancements in the banking sector, and the surge in trading volume is a reflection of this confidence. During the intraday session on Thursday, the token price briefly reached a high of $2.3, with many opinions suggesting this is merely the warm-up phase.

$2.80 and $3 strike prices are anything but ordinary numbers — they are key signals. If XRP can maintain its current trajectory, reaching $3 is not out of reach. As for $4? It currently seems a bit aggressive. However, in the world of cryptocurrency, anything is possible. While this is a waiting game, everyone's eyes are undoubtedly on XRP's next move.

Final Conclusion: Core Data Overview

  • XRP trading volume surged by 56%: jumped from $2.7 billion to $4.2 billion in a week, approximately ¥30.2 billion.
  • Call Options Focus $2.80/$3: Long positions clearly target higher price levels.
  • $3 target is feasible, $4 appears aggressive: The probability of breaking through $3 in the short term is high, while $4 requires more momentum support.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)