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XRP futures open interest rises amid falling whale activity, signaling potential price volatility ahead.

Technical Signals
23 May 2026
Blockonomi
View Source
Bearish
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XRP's futures open interest has surged, indicating increased leveraged trading and expectations of higher volatility. However, whale transactions over $1 million have dropped by 57%, suggesting weaker large-scale market participation. Technical indicators show fading momentum with XRP trading near $1.32 and facing resistance around $1.38 to $1.40. Elevated NVT Ratio points to unstable rallies, and the market appears to be entering a compression phase where price volatility may increase before a clear direction emerges. Investors should watch for a decisive move below $1.30 or a recovery above $1.40 for clearer momentum signals.

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