XRP Flashes Bullish Signal With 1,660,000,000 XRP Staked
Analysis
Price Impact
MedA significant amount of xrp staked in futures contracts (1.66 billion) indicates increased investor confidence and potential for a bullish reversal. however, the overall market volatility and poor performance of xrp etfs suggest that this bullish signal might be tempered by broader market sentiment.
Trustworthiness
MedThe data on futures trading activity (open interest surge) is generally reliable for assessing market sentiment. however, the article also mentions mixed price action and poor etf performance, which introduces some uncertainty about the strength and sustainability of the bullish signal.
Price Direction
BullishThe surge in xrp's open interest in futures contracts by 2.56% is a strong indicator of increased speculative activity and potential upside. the recent price increase of 2.45% further supports this bullish outlook, suggesting a potential rebound.
Time Effect
ShortThe bullish signal from the futures market and the recent price uptick are short-term indicators. the sustainability of this trend will depend on broader market conditions and continued investor confidence.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News XRP OI surges 2.56% XRP turns green Advertisement XRP has closed the week showing mixed price action while flashing signs of a potential rebound after multiple weeks of severe price corrections. On Saturday, Feb. 21, data from CoinGlass showed that the XRP derivatives market is making a bullish reversal as futures traders increasingly commit their tokens to active contracts. XRP OI surges 2.56% Following the increased activity from XRP futures traders, the data shows that over 1.6 billion XRP has been commuted to its futures market, marking an increase of 2.56% in its open interest over the last 24 hours. HOT Stories Ripple Partners With Deutsche Bank, $2 Billion in Bitcoin Scooped by Whales, Schwartz Criticizes Logan Paul, Shiba Inu Price Enters Consolidation — Top Weekly Crypto News Crypto Market Review: Shiba Inu Price Momentum Returns In New Uptrend, Is Ethereum (ETH) Stuck in the Mud? Bitcoin Isn't Giving Up on $70,000 With about 1,660,000,000 XRP currently being committed in unsettled contracts at a time like this, it appears that the leading altcoin is finally regaining momentum. Advertisement You Might Also Like Sat, 02/21/2026 - 15:29 XRP MVRV Indicator Stays Negative Ahead of Next Price Move By Tomiwabold Olajide More so, the rise in futures activity signals heightened confidence among investors as the broad crypto market appears to be moving toward a potential rebound. XRP turns green Following this impressive surge in the XRP derivatives market, XRP has also seen a brief increase in its price over the last day, reclaiming its weekly high around $1.45. Advertisement Notably, the asset has surged by 2.45% in its price over the last 24 hours, suggesting a potential price rebound after several days of trading in the deep red territory. Following the weak price move seen in recent days, the XRP ETFs have also reported poor performance across all existing XRP funds over the past week. During their last trading session, the funds saw zero inflow and outflow, suggesting that institutional investors are unwilling to participate amid the broad market volatility. With this weak performance, it is uncertain if XRP will see a major price recovery soon and reclaim levels seen earlier in the year. #XRP #XRP Price Prediction #Spot XRP ETF