XRP OI Rises 3% as Price Gears Up for Rebound
Analysis
Price Impact
MedWhile xrp's price has been declining and its etf recorded significant outflows, the rise in open interest (oi) suggests that traders anticipate a potential rebound or increased volatility. this creates conflicting signals.
Trustworthiness
HighThe analysis is based on recent price data from coinmarketcap, open interest metrics, and etf flow data from sosovalue, providing verifiable data points.
Price Direction
NeutralDespite a recent price decline and substantial etf outflows indicating bearish pressure from institutions, the 3% rise in open interest hints that a short-term price bottom might have been reached, and traders are opening new positions, anticipating a future rebound and increased volatility. however, the immediate direction remains uncertain given the strong selling pressure from etfs.
Time Effect
ShortThe article suggests that the open interest indicates a 'short-term' floor and that institutional interest might return 'in the coming days' for a price reversal.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News XRP’s price has declined by 11.27% over the past week. However, the Open Interest metric hints that the short-term flour price level has been reached. Advertisement XRP is trading at $1.70, down 2.75% over the past 24 hours, according to data from CoinMarketCap. Source: CoinMarketCap Its market cap has declined to $103.48 billion, reflecting the same 2.75% drop, while 24-hour trading volume increased 20.67% to $4.06 billion, suggesting heightened trading activity amid the price pullback. HOT Stories Ripple CTO Emeritus Breaks Silence on XRP and XLM in Epstein Files Crypto Market Review: Did XRP Downtrend End? Shiba Inu (SHIB) Taking a Beating, Bitcoin (BTC) Safe Above $80,000 U.Today Crypto Digest: XRP Millionaires Awaken, Shiba Inu Buyers Step In, Dogecoin Sees 10,782% Rise in Futures Volume Scaramucci: ‘Get Ready’ as Bitcoin Firms Against Falling Gold Total XRP Open Interest stands at $1.2 billion, up 2.98% over the past 24 hours. Perpetual contracts account for nearly all of this activity, with $1.2 billion in open interest, up 2.99%. Advertisement You Might Also Like Fri, 01/30/2026 - 15:20 $92,920,000 in 24 Hours, XRP ETF Achieves Largest Outflow By Godfrey Benjamin Generally, Open Interest signals traders' anticipation regarding price direction. An uptick in open interest indicates that investors are hopeful of a possible rebound. If Open Interest is increasing while the price is either flat or slightly declining, this typically indicates the opening of new positions as opposed to the closing of existing ones. This frequently comes before the expansion of volatility. Advertisement Meanwhile, futures open interest remains small at $1.9 million, down 2.63%, indicating limited participation in dated futures compared with perpetual markets. XRP ETF suffers outflows as XRP price plunges On Friday, XRP ETF has recorded the largest outflow in the last 24 hours as investors dump the asset amid market volatility. SoSoValue data indicates that investors have pulled about $92.9 million of the XRP ETF market within this time frame, as more traders sold than bought the asset. It marks the highest amount of money leaving within a 24-hour time frame for the XRP ETF. XRP long-term holders will have their eyes on the XRP ETF market for a possible inflow to kick start February. A return of institutional interest might be key to price reversal in the coming days. #XRP ETF #XRP Price Prediction