Following recent SEC regulatory shifts in the Ripple case, XRP’s price has shown renewed interest. Increased open interest and a shift towards bullish sentiment suggest a potential for significant movement. However, the market remains cautious, with XRP currently consolidating around the $2 level. On-chain indicators signal that this phase may be nearing its conclusion, with analysts predicting a rebound in prices driven by accumulating investors at the $2 mark. 8 million dollars of XRP liquidity has been liquidated recently, highlighting the current state of indecision and price volatility. While buyers have faced more losses than sellers in recent liquidations, an increase in whale accumulation suggests potential for momentum if the price breaks above resistance.