Recent data reveals a surge of bullish anticipation surrounding XRP, with $3.58 billion committed to open interest in the last 24 hours. This increase coincides with a significant price boost for XRP, reaching $2.15 – representing a notable 3.32% gain over the past 24 hours. This trend is further fueled by the coin’s high open interest, hinting at a potential price breakout. However, continued market activity and investor inflows remain essential to sustain this momentum. XRP’s trading volume has decreased slightly, falling to $4.69 billion. The potential for a more sustainable price rally relies on sustained investment and trading activity. While the coin’s Bollinger Bands suggest an upward trend, XRP’s price remains volatile. Further analysis will be needed to determine if this recent surge represents a true breakout or a short-term fluctuation. 24-hour commitment of 1.67 billion XRP raises hopes for sustained growth in the long term. The growing bullish sentiment is also fueled by public figures, including NBA legend Scottie Pippen who sees potential for XRP in the current global economic climate.