1 hour ago
1
Key Takeaways
- Binance open interest fell to approximately $186 million, its lowest since April 2025.
- The lighter derivatives market reduces liquidation risk but provides little indication of direction.
- The expected xrpld 3.3.0 release includes five amendments that will still require validator approval.
XRP trades near $1.06 after breaking below its rising triangle and finding support around $1.05.
Our July 28 analysis identified $1.05 as the next important test after price lost the triangle’s lower boundary. Buyers defended the level, but the rebound stopped below both the broken trendline and the 50-day simple moving average.
Price has remained in that narrow area since then, without retesting $1.05 or making a serious attempt to recover $1.11.
English (US)