Ripple's XRP is drawing renewed focus as futures traders push open interest above the 30-day average. On Binance, the 30-day Open Interest (OI) Z-Score climbed to 1.60, signaling elevated activity compared to recent levels. At the time of reporting, total OI stood near 440.6 million XRP, surpassing the 30-day average of 418.5 million XRP by a noticeable margin.
Despite this surge in derivatives engagement, XRP’s price has not followed suit with a decisive upward move. The token hovered just below $1.15, holding around $1.14 after rebounding from a low near $1.05. Technical indicators offer a lukewarm outlook: the Relative Strength Index (RSI) slightly favors buyers, and the positive directional movement indicator edges out the negative, yet the Average Directional Index (ADX) sits low at 13.17, suggesting weak trend momentum. Breaking above the $1.15 resistance might signal stronger gains, while falling under $1.10 could see a retest of $1.05.
Interest isn’t limited to futures markets. XRP Exchange Traded Funds (ETFs) logged $8.15 million in weekly inflows, reflecting a bounce back from recent outflows. This lifted total ETF assets to $1.04 billion, hinting at steady investor appetite even as price upside remains limited. However, these weekly inflows remain inconsistent, meaning sustained growth in ETF demand will be necessary to support a broader rally.
While the rising open interest and ETF inflows inject some optimism, both metrics remain well below the levels seen during XRP’s 2025 rally phases. If futures use continues to build without accompanying price gains, volatility and liquidation risks could intensify. Traders are watching closely to see if price and open interest will climb in tandem, potentially altering market dynamics significantly.
material is informational and not financial advice
