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📊 XRP falls 30% Open Interest in the past month – derivative signals are cooling down, potentially opening an attractive buying zone below $2.50.
OI fell from $11B to $7.7B, price dropped from $3.66 to ~$2.9.
The $2.33–$2.65 zone is considered an important demand zone if the selling pressure persists.
Whales are ramping up XRP deposits on the exchange to take profits, creating short-term pressure.
However, the liquidation amount is still quite low (22M–56M) → the risk of chain liquidation is not high.
The long-term trend remains positive, with the target of $5 by 2025 still intact.
👉 If it holds steady at $2.33–$2.65, this could be an accumulation opportunity before the new bullish wave.
#XRP Crypto #Altcoins BullRun