⬤ XRP is showing serious strength despite recent short-term open interest resets. According to market analysis, the token's been absorbing liquidity without seeing any major long position liquidations—which is a pretty bullish sign for its price structure. The lack of panic selling suggests traders are confident XRP's got room to run higher.
⬤ Here's the level everyone's watching: $2.10. If XRP reclaims that price point and open interest starts climbing again, we could see a significant breakout. Right now, the price has been hanging around key support zones, consolidating after recent pullbacks. The fact that liquidity keeps getting absorbed while the price holds steady? That's usually what happens before a strong move up.
⬤ Looking at the charts and open interest data, there's a breakout brewing. XRP's been consolidating just below resistance, and without those big position unwinds, momentum's building underneath. Once price pushes through $2.10 with expanding open interest backing it up, traders are expecting a sharp rally. Everyone's waiting for that confirmation—if XRP holds above $2.10, the next leg could be explosive.
Usman Salis
Usman Salis