Crypto
XRP Price Volatility Surges as Evernorth Vote Looms
XRP's price has been struggling to maintain momentum above $1.50, but technical indicators suggest that a breakout could revive bullish sentiment.
Rising open interest is amplifying volatility as traders rebuild leveraged positions, which could lead to sharper price swings if spot momentum strengthens or deteriorates.
Evernorth's vote on September 30 adds a potential catalyst for institutional demand, but red netflow readings continue to show persistent XRP outflows.