XRP has broken through the $1.13 resistance level, setting its sights on a target of $1.30 in the short term.
Floating above this hurdle is crucial for the continuation of its upward momentum, according to recent data.
The cryptocurrency's price has risen to $1.15 as trading volume and On Balance Volume (OBV) indicators show signs of recovery.
CoinGlass reports that open interest in XRP has reached $2.6 billion, indicating a significant increase in market participation.