XRP has seen a price increase of over 15% since closing at $2.32 on February 6, following a broader downturn in the crypto market. The recent positive momentum can be linked to the SEC's acknowledgment of multiple spot XRP ETF filings, including one from CoinShares, marking the fourth such acknowledgment from the SEC, alongside Grayscale, 21Shares, and Bitwise. The Brazilian securities commission has also recognized a spot XRP ETF proposal. However, XRP futures traders remain hesitant, with open interest dropping by more than 78% earlier in February despite recent price spikes. Analyst Polly predicts that the potential resolution of the SEC-Ripple lawsuit could trigger a significant price surge, potentially reaching $6 within 10 days. However, this prediction rests on the assumption of an impending decision which has not been confirmed. Another analyst notes that XRP needs to break above the $2.80 resistance level to advance toward its all-time high of $3.40.

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