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XRP trading volume jumps 16% with rising derivatives leverage, signaling potential sharp price moves ahead.

Technical Signals
22 Jul 2026
Dailycoin
View Source
Bullish
pluang ai news

XRP has seen a 16% increase in trading volume alongside a surge in derivatives open interest, reaching $2.53 billion across major platforms. This rise in leveraged trading contrasts with a dormant spot market, suggesting traders are positioning for significant price fluctuations. Most traders are bullish, with a high long-to-short ratio on Binance, and recent price stabilization at $1.14 has liquidated many bearish bets. The buildup in leverage hints at possible sharp moves soon, with the next price direction dependent on demand and geopolitical factors.

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