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XRP saw a 5% price increase, trading at $0.6278 on Sept. 29, continuing a recovery trend from Sept. 6. Over the last 30 days, XRP has risen by over 10%, driven by a significant surge in open interest (OI), indicating growing market confidence.
According to Tradingview Price Data, XRP jumped from $0.5027 to a high of $0.6335 on Sept. 29, a 26% gain. This placed it among the top-3 gainers in the top-100 cryptocurrencies by market cap.
Crypto analysts are predicting potential XRP price targets as high as $2, $4.2, or even $9.98, citing bullish chart patterns like a breakout from a symmetrical triangle and a golden cross. Positive market sentiment and technical signals such as the RSI breaking a 7-year trendline are adding to the momentum.
XRP’s OI surged 67%, hitting $932.3 million on Sept. 29, the highest since April 2024. Analysts see this as a bullish sign, with growing demand for leveraged long positions signaling further price gains.
Traders remain optimistic as XRP shows strong upward potential.