XRP bulls grow louder: What will spark the breakout toward $2.65?

XRP analysts highlighted the potential to rebound to $2.65 as institutional demand increased and derivatives traders flipped bullish.

XRP (XRP) price is up 3% in the past 24 hours and 15.5% from its Nov. 21 low to $2.10 on Monday. This sets it up for further gains backed by several fundamental, onchain and technical factors.

Key takeaways:

XRP’s new all-time highs are in play, backed by increasing institutional demand and bullish trader sentiment.

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