XRP Price Prediction as CME Launches 24/7 XRP Futures Trading on May 29
Tech XRP Price Prediction as CME Launches 24/7 XRP Futures Trading on May 29 XRP price has dropped by 0.41% today, May 25, to trade at $1.35 at the time of writing, with trading volumes of $1.33 billion. XRP could become more volatile this week and possibly move past the resistance at $1.48 because the CME is launching 24/7 futures trading for the Ripple token. The launch will make it possible for institutions to trade XRP when stock markets are closed, even on the weekends. CME to Launch 24/7 XRP Futures Trading on May 29 CME released a statement in February saying that crypto futures and options are going to be available on the platform 24 hours a day and seven days a week. It is doing this will ensure that institutions can keep up with the crypto market even when the traditional financial market is not open. This 24/7 trading launch is also going to remove the CME gap that is created when the market is closed on Friday at a particular price and then opens on Monday at a different price. XRP value and other cryptos usually move towards this Fridays price on Monday. XRP will likely go up because of this 24/7 futures