Cryptocurrency XRP rose sharply by 4% per day

On Wednesday, July 2, the price of XRP XRP $2.28 XRP 1.24% Market capitalization $134.53 billion VOL. 24 hours $0.38 billion confidently surpassed the $ 2.20 mark, adding more than 4% over the day. According to market data, XRP is trading above the 100-hour moving average, and technical indicators, such as RSI above 50 and MACD in the bullish zone, confirm the growth of buying pressure. The immediate targets for traders remain the resistance levels of $ 2.25 and $ 2.30, but in case of failure to break through the latter, a pullback to $ 2.15 is possible.

The announcement of Ripple’s partnership with fintech platform OpenPayd, which will allow for instant payments in euros and pounds sterling, created an additional positive for the market. This strengthens XRP’s position in international payments and increases investor confidence in the token.

XRP’s trading volume reached $ 2.98 billion over the day, reflecting the growing interest from market participants amid the overall rise of the cryptocurrency sector. Investors are watching closely to see if XRP can gain a foothold above $ 2.30, which will signal a new stage of growth.

The upcoming SEC meeting scheduled for July 3 may also have an additional impact on the price dynamics, as any regulatory news could change the short-term market sentiment.

Market participants see XRP as a promising tool for payments and transactions, especially as Ripple’s partnership projects are updated and trading volume grows.