XRP Eyes $3.20 Amid Rising Institutional Interest

Edited by: Yuliya Shumai

On July 3, 2025, XRP experienced a 7.2% price increase, reaching an intraday high of $2.31. This surge, from a low of $2.15 the previous day, is fueled by growing institutional interest. (Source: Provided Text)

Futures open interest rose 11% in the last 24 hours and 30% over the past 10 days, reaching $4.75 billion. This increase often signals growing institutional investment and enhanced liquidity. (Source: Provided Text)

XRP is currently trading at $2.27, with analysts projecting potential price targets above $3. The breakout from a "pennant" pattern suggests a potential rally toward $3.20, a 40% increase. (Source: Provided Text)

Sources

  • Cointelegraph

  • Cointelegraph

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