.png){kind=logo}
XRP attempts to stabilize after a correction with the asset trading at $1.44. It is a 1.3% increase in the last 24 hours. While bulls have managed to defend key support derivatives, data show that traders are still cautious. They are waiting for confirmation above $1.50 before committing fresh leverage.
XRP rebounded nearly 30% from lows around $1.11 on January 6, to the current level of $1.44 but buying momentum faded before a decisive breakout above $1.50. This level continues to act as a psychological and technical hurdle.
As long as XRP holds above $1.40, near-term structure remains constructive. Repeated rejection below $1.50 suggests sellers are still active at higher levels.
A sustained close above $1.50 would be required to shift short-term sentiment decisively bullish toward the 50-day EMA at $1.83, while a breakdown below $1.38-$1.40 could reopen downside toward $1.30.
XRP futures open interest stands near $2.49 billion, down 0.45%. It shows continued position unwinding rather than aggressive long buildup.
Trading volume has dropped sharply by over 37% to $5 billion and reinforced the view that participation has cooled after recent volatility.
Options activity has also declined, with options volume down 16% and options open interest slipping 1.64%. It also signals reduced speculative interest.
Funding rates currently stand at -0.0049%, indicating that short positions are paying longs to maintain balance in perpetual futures markets.
The 24-hour long/short ratio stands at 1.0084, showing a broadly balanced market. While account-based data on exchanges like Binance and OKX shows the long skew above 2.0, top trader positioning remains mixed.
This divergence implies that while retail and smaller traders are leaning long, larger participants are still hedged or selectively positioned.
Over the last 24 hours total liquidations reached approximately $7.2 million, with short positions accounting for around $3.29 million, compared to $3.91 million in long liquidations.
This balance suggests that while shorts are being challenged during intraday rebounds, upside follow-through remains limited.
Also Read: XRP Make-or-Break Moment: Is This the Start of a Big Move?
XRP’s consolidation above $1.40 is encouraging but derivatives metrics hint at caution, not confidence. A move above $1.50 backed by volume would likely confirm a sentiment shift. It might also lead to a recovery toward higher resistance zones.
