XRP Stampede: $1.36B Open-Interest Surge Sparks Aggressive Dip-Buying

XRP Surge: Traders Pile In as $1.36B in Open Interest Returns After a volatile week that saw XRP tumble to multi-week lows of $2.38, the digital asset is showing signs of renewed ￰0￱ to market analyst Paul Bennett, XRP bounced nearly 8% over the weekend as $1.36 billion in open interest flooded back into the market, a clear signal of aggressive dip buying and rising speculative ￰1￱ influx of capital marks a turning point in trader sentiment following the recent market-wide correction. Notably, the surge in open interest, a measure of outstanding futures and derivatives contracts, suggests that both retail and institutional investors are re-entering positions with heightened ￰2￱ interprets this as a sign that market participants view XRP’s recent pullback as a buying opportunity rather than the start of a deeper ￰3￱ notes that the market is now testing key resistance and liquidity zones between $2.55 and $2.70, levels that could determine whether XRP’s rebound evolves into a sustained rally or fizzles into a temporary bounce.

A decisive break above this region could open the door for a broader recovery, with traders eyeing the psychological $3 level as the next major target. However, the path forward remains ￰4￱ on-chain data shows improving sentiment and a modest uptick in whale accumulation, overall trading volumes remain below their September peaks. Therefore, this suggests that while optimism is returning, market confidence is still ￰5￱ indicators like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) show XRP approaching overbought territory, hinting at possible near-term ￰6￱ these cautionary signals, XRP’s ability to rebound swiftly after last week’s crash highlights growing resilience within the ￰7￱ token’s renewed activity comes amid broader optimism surrounding blockchain-based payments and cross-border settlement use cases, sectors where XRP continues to maintain strong utility and adoption ￰8￱ XRP’s sharp rebound and $1.36B surge in open interest signal a pivotal shift in market ￰9￱ are treating recent weakness as a buying opportunity, reflecting renewed confidence in the token’s long-term potential.

Therefore, sustaining this momentum will hinge on XRP’s ability to hold key resistance levels and preserve strong trading volume.