$3.95B XRP Futures Surge in 24H — Is Institutional FOMO Kicking In?

XRP has suddenly taken center stage in the crypto market, with a jaw-dropping $3.95 billion in futures trading volume recorded in just 24 hours. This dramatic spike is raising eyebrows across the industry — especially among analysts watching for signs of institutional involvement. Could this be the early tremor of a larger wave of investment interest? Let’s dive into what this surge might mean for XRP and the broader altcoin market. XRP Hovers with Cautious Optimism as Bulls Await Stronger Signals Source: tradingview XRP is currently trading between a little over $2 and $2.30, indicating cautious trading sentiment. Bulls are finding it hard to push past the $2.45 resistance, suggesting bears have some control. However, support exists just below $2, offering a safety net. Over the past month, XRP has fallen by just over 10%, hinting at potential for a rebound. If momentum shifts, XRP could aim for the $2.70 mark, marking a 17% rise from the current upper range. The RSI hovers near 52, indicating a balanced market, while the MACD is slightly negative. Overall, XRP’s short-term potential hinges on breaking resistance, offering promising growth if bulls gain strength. Conclusion The $3.95 billion surge in XRP futures is more than just a number — it’s a signal. Whether it stems from institutional FOMO or renewed speculative interest, the momentum behind XRP is building at a critical technical juncture. If bulls can overcome the current resistance zones, the path toward $2.70 and beyond becomes increasingly realistic. For now, all eyes remain on XRP as it dances between caution and potential breakout. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: Bitzo