{"id":52345,"date":"2025-05-13T14:40:50","date_gmt":"2025-05-13T14:40:50","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/xrp-price-dips-to-2-54-but-open-interest-hits-5-49b-signalling-bullish-pressure\/"},"modified":"2025-05-13T14:40:50","modified_gmt":"2025-05-13T14:40:50","slug":"xrp-price-dips-to-2-54-but-open-interest-hits-5-49b-signalling-bullish-pressure","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/xrp-price-dips-to-2-54-but-open-interest-hits-5-49b-signalling-bullish-pressure\/","title":{"rendered":"XRP price dips to $2.54 but open interest hits $5.49B, signalling bullish pressure"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/04\/XRP-1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/04\/XRP-1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/04\/XRP-1-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/04\/XRP-1-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>MACD crossover supports bullish trend continuation.<\/li>\n<li>XRP holds key support at $2.50, eyes $2.71 price target.<\/li>\n<li>A break below $2.50 could push the price down to $2.29.<\/li>\n<\/ul>\n<p>XRP has declined slightly to $2.54 in the past 24 hours, but rising open interest signals that traders may be preparing for a potential rebound.<\/p>\n<p>According to derivatives data, open interest in XRP futures has surged to $5.51 billion, its highest level in three months, suggesting increased speculative activity and renewed bullish pressure even as the price cools.<\/p>\n<p>Open interest refers to the total number of active derivative contracts that have not yet been settled.<\/p>\n<p>When it rises alongside\u2014or in spite of\u2014price fluctuations, it often indicates new capital entering the market and a build-up of leveraged positions.<\/p>\n<p>Despite the mild price correction, market participants appear to be positioning for a larger move.<\/p>\n<figure id=\"attachment_307845\" aria-describedby=\"caption-attachment-307845\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-307845\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/XRP-price-1.jpg\" alt=\"XRP price\" width=\"1502\" height=\"548\"\/><figcaption id=\"caption-attachment-307845\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\">CoinMarketCap<\/a><\/figcaption><\/figure>\n<h2 class=\"\" data-start=\"925\" data-end=\"962\">MACD indicator shows a bullish setup<\/h2>\n<p class=\"\" data-start=\"964\" data-end=\"1263\">Technical analysis further supports the case for an extended rally.<\/p>\n<p class=\"\" data-start=\"964\" data-end=\"1263\">The Moving Average Convergence Divergence (MACD) indicator, a widely followed tool to assess market momentum, shows XRP\u2019s MACD line well above its signal line.<\/p>\n<p class=\"\" data-start=\"964\" data-end=\"1263\">This type of crossover is considered a bullish trigger by many traders.<\/p>\n<p class=\"\" data-start=\"1265\" data-end=\"1573\">The positive MACD setup suggests that buyers are currently in control.<\/p>\n<p class=\"\" data-start=\"1265\" data-end=\"1573\">If momentum continues to build, XRP could attract more volume, increasing the likelihood of a price breakout above the current range.<\/p>\n<p class=\"\" data-start=\"1265\" data-end=\"1573\">That said, this scenario would only remain valid if the token avoids slipping below key support levels.<\/p>\n<h2 class=\"\" data-start=\"1575\" data-end=\"1610\">Support at $2.50 remains crucial<\/h2>\n<p class=\"\" data-start=\"1612\" data-end=\"1915\">XRP\u2019s short-term outlook will hinge on its ability to maintain the $2.50 support zone.<\/p>\n<p class=\"\" data-start=\"1612\" data-end=\"1915\">A successful retest of this level could create enough buying pressure to retest the March high of $2.71.<\/p>\n<p class=\"\" data-start=\"1612\" data-end=\"1915\">Such a move would further reinforce the bullish trend, especially if open interest and volume continue to rise.<\/p>\n<p class=\"\" data-start=\"1917\" data-end=\"2139\">However, if the price fails to hold above $2.50, there is a risk of a deeper pullback.<\/p>\n<p class=\"\" data-start=\"1917\" data-end=\"2139\">The next significant level of support is located at $2.29, which could act as a price floor in the event of increased selling pressure.<\/p>\n<h2 class=\"\" data-start=\"2141\" data-end=\"2182\">Traders shift focus to XRP derivatives<\/h2>\n<p class=\"\" data-start=\"2184\" data-end=\"2475\">While much of the broader crypto market remains subdued, XRP\u2019s outperformance has shifted attention to its derivatives market.<\/p>\n<p class=\"\" data-start=\"2184\" data-end=\"2475\">The sharp rise in open interest reflects a renewed appetite for speculative positioning, particularly among traders looking to capitalise on short-term price moves.<\/p>\n<p class=\"\" data-start=\"2477\" data-end=\"2739\">The rally also arrives at a time when XRP has remained largely range-bound for several weeks.<\/p>\n<p class=\"\" data-start=\"2477\" data-end=\"2739\">The recent uptick in derivatives participation may signal a change in sentiment, with institutional and retail investors seeking exposure through leveraged instruments.<\/p>\n<p class=\"\" data-start=\"2741\" data-end=\"3056\">As always, the sustainability of the rally will depend on several external factors, including broader market sentiment, regulatory developments around Ripple, and macroeconomic cues.<\/p>\n<p class=\"\" data-start=\"2741\" data-end=\"3056\">But with open interest climbing and bullish technical patterns in place, XRP could continue to lead gains, at least in the near term.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/xrp-price-dips-to-2-54-but-open-interest-hits-5-49b-signalling-bullish-pressure\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) MACD crossover supports bullish trend continuation. XRP holds key support at $2.50, eyes $2.71 price target. A break below $2.50 could push the price down to $2.29. XRP has declined slightly to $2.54 in the past 24 hours, but rising open [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":52346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52345"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=52345"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/52346"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=52345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=52345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=52345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}