Kip Kemoi

#XRPRallies44%InAWeek XRP Rallies 44% in a Week XRP has staged a powerful comeback, gaining roughly 44% over the past week as renewed demand pushed the token sharply higher. The rally saw XRP briefly move above $1.50, marking one of its strongest short-term performances recently. The surge has also brought a significant increase in derivatives activity. XRP’s estimated leverage ratio on Binance reached its highest level since January, while futures open interest climbed to around $3.45 billion. Futures trading volume has also been substantially higher than spot-market volume. However, the rapid rise has increased the risk of a pullback. XRP fell nearly 5% on August 26 after failing to sustain levels above $1.50, with heavily leveraged long positions vulnerable to liquidations. Despite the short-term weakness, continued ETF inflows and strong market participation suggest that investor interest in XRP remains elevated. The key question now is whether XRP can reclaim and hold the $1.50–$1.55 area or whether profit-taking and excessive leverage trigger a deeper correction. Overall, XRP’s 44% weekly rally highlights renewed bullish momentum, but traders may need to watch leverage, open interest and resistance levels closely as volatility remains high.$GOOGL.US $NVDA.US