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XRP's leverage reset may pave the way for a major breakout toward $27.

Technical Signals
24 Mar 2026
Coinpaper
View Source
Bullish
pluang ai news

XRP is quietly undergoing a significant leverage reset, with open interest dropping from $2.6 billion to under $1 billion, indicating a clearing of overextended positions. This reset reduces forced liquidations and stabilizes the market, potentially setting the stage for a strong upward move despite current price stability around $1.42. Analysts suggest this phase could lead to a major breakout, with long-term targets like $8, $13, or even $27 becoming plausible if momentum and adoption increase. While short-term volatility and possible pullbacks remain, the overall market structure hints at a foundation for substantial growth ahead.

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