Ripple XRP Daily Trading Volume Rises 56%: Bulls Eye $3 Price Target
Ripple (XRP) bulls are now eyeing a target of $3 as call strike options for $2.80 and $3 have seen an increase. The latest banking developments favor a dramatic price rise and bulls are making the most out of the situation. The latest report shows that call options at strikes have also hit $4 with the expiry being September 28, 2025, according to data from Deribit Amberdata. A $3 strike call has seen 2 million contracts change hands but mostly sellers have placed a $2.80 call. For the uninitiated, a call option allows the buyer the right to buy an asset at a predetermined strike price at a later date. The increasing confidence and the rising risk appetite of bidders represent a bullish view for Ripple’s XRP. Ripple Bulls Pushing XRP Above $3 Source: Twitter The options contract highlights that traders are optimistic it could see a rally and climb above the $3 mark. A week ago, the daily trading volume of Ripple’s XRP stood at $2.7 billion. On Thursday, the same reached a hig...