XRP’s recent bounce above $1 comes after a significant drop in open‑interest from last year’s peak levels. While the price is only a few cents shy of the $1.10 target, the underlying data shows a more hopeful picture: active addresses have climbed, and ETF inflows are on the rise. This combination points to a gradual shift from speculative selling to a more balanced, liquidity‑driven market.
In the broader crypto landscape, Bitcoin and Ethereum are barely moving, with BTC down 0.6% and ETH up 0.25%. The overall fear‑greed index sits at 11, indicating extreme fear across the market. In this environment, XRP’s modest gains are noteworthy, especially as it edges toward a key psychological level that could trigger a clearer trend.
Retail investors should note that XRP’s current trajectory is still fragile. A pullback below $1 would likely stall the momentum, while a sustained climb could pave the way for a breakout. Watching the next few days for confirmation of the $1.10 resistance will be crucial, as will monitoring any new institutional inflows that could reinforce the upward bias.