While XRP is showing strength in the short term after regaining the $2.60 support, an artificial intelligence (AI) model suggests the asset is likely to trade below the $3 mark by November 1. Indeed, after facing the threat of dropping below $2 amid a broader market sell-off, XRP has gained over 2% in the last 24 hours, trading at $2.61 as of press time. Meanwhile, over the past week, the asset is up more than 11%. XRP seven-day price chart.), estimated to be in the mid-60s ,a range suggesting that XRP still has room to rise without being overbought.
Additionally, Bitcoin’s ( BTC ) current consolidation phase provides altcoins like XRP a chance to extend gains in the short 0 open interest dips Meanwhile, insights shared by cryptocurrency analyst CryptoRus in an X post on October 26 indicate that XRP’s open interest on Binance has plunged to the same lows seen in May 2025, when a similar flush triggered a rally from $0.70 to $3.50. This time, despite the sharp drop in leverage, XRP is holding above $2.60, signaling that strong holders remain in 1 open interest.
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