XRP Price Rises Today Factors Fueling the Uptrend

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XRP price is up today after the open interest increased by 25% on the first two days of the New Year, indicating that new money entering the market.

XRP’s price registered its largest daily return since Dec. 2, rising by 11.92% on Jan. 1, 2025, as Ripple looks forward to Donald Trump’s inauguration on Jan. 20.

Meanwhile, on shorter time frames, the XRP/USD trading pair broke above key resistance at $2.30 after testing $2 as support over the past two weeks.


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