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XRP derivatives open interest on Binance drops 28%, hitting $445M with $1.25 support noted.

Technical Signals
28 Oct 2026, 18:41 WIB
Tokenpost
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Neutral
XRP derivatives open interest on Binance drops 28%, hitting $445M with $1.25 support noted.

XRP derivatives open interest on Binance fell by 28% from September 22 to October 27, reaching $445 million, which is below its 180-day average of about $460 million. This decline is partly attributed to XRP's falling price. Analyst Ali Charts identified $1.25 as a key support level and noted a buy signal on XRP's three-day chart, with previous similar signals leading to rebounds of 18% to 31%. This suggests potential for a price recovery in the near term.

Following the drop in XRP derivatives open interest on Binance, XRP on Pluang is trading at Rp23,834 with a slight 0.25% decrease as of Oct 28, 2026 22:52 WIB. The market cap stands at Rp1.510,75 trillion and 24-hour trading volume is Rp32,47 trillion. Pluang users show a 65% sell and 35% buy order split, with a typical holding period of 72 days, indicating active trading behavior despite recent price pressures.

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