XRP futures volumes on the CME exchange have soared to an all-time high after launching on May 19. The surging volumes coincide with a bullish outlook for XRP price, which trades at $2.30 with an intraday loss of 2%. But is this tailwind enough for XRP bulls to break $2.35 resistance? XRP Price Prediction as Bullish Signs Emerge At press time, XRP is the third most-traded crypto with $2 billion in trading volumes according to CoinMarketCap. These volumes are set to increase as the four-hour chart shows that XRP price is approaching a crucial zone where buy-side and sell-side volumes were previously high. The volume profile bars show that at the $2.35 price, which is also the Point of Control (PoC), XRP will face crucial resistance. However, if XRP can surge above this level, it will flip the market structure to bullish, paving the way for more gains. The AO… Read More at Coingape.com
The post Can XRP Bulls Break $2.35 Resistance as CME Futures Daily Volume Hits ATH? appeared first on CoinGape.
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