XRP Eyes $1.40 Breakout as Bullish Positions Build
Ripple (XRP) is edging closer to a potential breakout above $1.40, following its defense of support at $1.38.
The token's uptick comes as bullish positions build in the XRP derivatives market, with increasing long exposure and a positive OI-Weighted Funding Rate.
XRP holds above major moving averages, with momentum indicators suggesting stability and potential for continued growth.