- XRP’s Open Interest surged 41% to $3.42B as price broke resistance, signaling trader bets on a continued rally.
- Breakout above $2.38 sets targets at $2.82–$3.38; overbought signals warn of short-term pullback risks.
XRP’s open interest (OI) in futures markets rose $1 billion over the past week, reaching $3.42 billion, as traders positioned for potential price gains.
The increase coincided with XRP climbing from $2.14 to $2.48, breaking out of a multi-month descending channel. Despite the leverage buildup, funding rates remain neutral, signaling balanced sentiment between buyers and sellers.
$XRP Futures Open Interest has surged by over $1B in the past week, rising from $2.42B to $3.42B (+41.6%). This sharp increase in leverage coincides with a price rally from $2.14 to $2.48, suggesting elevated speculative activity and growing directional conviction, pic.twitter.com/QbsaOM9oxE
— glassnode (@glassnode) May 13, 2025
XRP now trades above $2.38, a former resistance level turned support. Fibonacci extensions suggest targets at $2.82, $3.01, and $3.38 if bullish momentum holds.
However, the Stochastic RSI reading above 98 indicates overbought conditions, raising the risk of a short-term pullback.
ETHNews analysts note the absence of major resistance zones could allow further gains if buyers sustain demand.
While OI growth reflects trader confidence, the Taker Buy/Sell Ratio on derivatives platforms sits at 0.9361, showing more sellers than buyers.
This divergence suggests selling pressure is being absorbed without impacting prices—a sign of underlying accumulation.
Binance data shows XRP futures OI rising from $530 million to $1.5 billion, with neutral funding rates preventing excessive long bias.
Retail traders purchased $94.41 million worth of XRP over the past week, including $17.06 million in 24 hours.
This spot market activity supports price stability but does not eliminate volatility risks. Liquidity analysis hints at possible dips toward $2.50, a level where buy orders cluster, offering potential support during corrections.
XRP’s rally hinges on maintaining above $2.38. A breakdown could trigger profit-taking, while sustained closes above $2.48 may attract fresh capital.
The neutral funding environment allows room for controlled gains, but overcrowded long positions remain a concern. For now, the market’s ability to absorb sell pressure without drastic price swings points to cautious optimism among traders.
As XRP tests higher levels, its performance will depend on broader crypto trends and trader discipline. The coming days will reveal whether current optimism translates into a lasting uptrend or gives way to profit-taking.
XRP (Ripple) – Technical & Market Analysis – May 13, 2025
XRP is currently trading at $2.56, exhibiting modest short-term weakness with a daily drop of nearly -1%, but maintaining strong structural support above the breakout level of $2.40.
After a parabolic move in April and early May, XRP is consolidating in a tight range, suggesting the market is pausing before its next directional move. This pause comes after a +230% rally over the past six months and +400% annual growth, highlighting long-term bullish momentum.
From a price action perspective, XRP has transitioned from a breakout phase to a validation phase. The asset is stabilizing within a bullish continuation zone between $2.45–$2.60, forming what appears to be a high base.
The volume profile remains elevated, confirming sustained trader interest. If bulls defend the $2.50 support, XRP could ignite a move toward $2.88, with upside potential toward $3.40 — its historical all-time high. Short-term oscillators such as the MACD and RSI show momentum cooling but not reversing, supporting the idea of consolidation rather than weakness.
On the macro front, Ripple Labs continues to make progress on adoption and regulatory clarity. XRP remains attractive to institutions seeking liquidity solutions, especially in regions like Asia and the Middle East.
