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XRP’s open interest has increased by $6 billion since the start of the month as the altcoin soared to new all-time highs.
XRP (XRP) price has entered a price discovery period for the first time since 2017. The altcoin has exhibited a three-month consecutive green candle for only the second time in its history, with the current streak far more significant than the period between March and May 2017.
XRP 1-month chart. Source: Cointelegraph/TradingView
While the altcoin has attained a new all-time high on certain exchanges, a break above $3.40 will confirm a clear all-time high.
Testing times quickly return for Bitcoin traders as BTC price momentum again fails to recapture $100,000.
Bitcoin (BTC) fell further beneath $100,000 after the Jan. 16 Wall Street open as markets shook off a US unemployment overshoot.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD targeting $97,000, down nearly 3% after the week’s initial jobless claims.
As an experiment, Cointelegraph asked two different AI models, OpenAI’s ChatGPT and xAI's Grok, to predict how XRP price could be affected by a spot ETF approval.
XRP (XRP) price hit a new all-time high of $3.38 on Jan. 16, outperforming most other cryptocurrencies over the past few days.
XRP’s amazing rally has left market participants wondering how high its price can go in 2025, particularly if a spot XRP exchange-traded fund (ETF) is approved.
XRP/USD weekly chart. Source: Cointelegraph/TradingView
XRP spot traders provided the volumes needed to send the altcoin above $3. Is a new all-time high the next stop?
XRP (XRP) price reached $3 for the first time since 2018, as the altcoin continued to lead the markets in 2025. The crypto asset has risen 41% in the last 15 days, leading all major assets on the top 10 cryptocurrency list.
XRP 1-month chart. Source: Cointelegraph/TradingView
XRP is currently only 12.9% below its previous all-time high of $3.40, and the broader markets expect a price discovery period over the next few weeks.