XRP is showing potential for significant price increases due to rising institutional demand and open interest. Analysts suggest that XRP could rise to $3.12 and ultimately reach $4.50. The price recently increased 1.7% in 24 hours and 6% over seven days, trading above $3, indicating strong bullish sentiment. According to CoinShares, XRP exchange-traded products experienced $14.7 million in inflows in the week ending September 5, adding to $1.4 billion year-to-date. This is set against a backdrop of increased interest in XRP, especially as market conditions improve. XRP's derivatives show bullish signs with open interest climbing 11% in the week, now at $8.3 billion, suggesting heightened trading activity. Analysts forecast potential breakout targets, with key resistance levels noted and bullish trends observed in momentum indicators. To rise further, XRP must surpass the $3 resistance, potentially creating momentum towards the $4.50 target, supported by positive funding rates and trader participation.

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