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XRP futures open interest rises, signaling renewed trader interest amid price near $1.45 resistance.

Market News
14 May 2026, 12:25 WIB
Crypto news
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Bullish
XRP futures open interest rises, signaling renewed trader interest amid price near $1.45 resistance.

XRP's futures open interest on Binance has risen above its monthly average, indicating increased speculative activity. Despite a recent spike in spot XRP ETF inflows, daily net inflows have cooled to zero, while wallet data shows record accumulation with over 332,000 wallets holding at least 10,000 XRP. The price is currently trading near $1.43, close to key resistance levels at $1.45 and $1.50, which traders are watching for a breakout that could lead to higher targets around $1.90 and $2. Ripple's ecosystem developments and partnerships add to the token's utility narrative, but confirmation of demand through price movement remains crucial.

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