- XRP price stabilizes at $3.22, with a 204.57% rise in trading volume signaling growing market interest.
- XRP market value/realized ratio shows potential undervaluation, suggesting continued bullish momentum.
- Open interest in XRP futures rises 13.39%, indicating long-term trader confidence.
XRP price has been cautiously maintaining its price at $3.22, suggesting an extended bullish momentum in the last couple of weeks. The cryptocurrency has been severely fluctuating in price with a distinct spike in market volume which shows increased investment interest and frequent movement in the market, trading.
XRP Price and Market Value to Realized Value Ratio Trends
XRP price has been maintaining its price at $3.22 indicating a strong bullish pattern in recent weeks. The crypto has been quite volatile in terms of price and has shown a significant increase in the market volume, which demonstrates increased investor interest and trading. Analyst ali_charts
say this greater level of market activity shows that XRP could build further gains upwards as long as investor optimism persists.
Source: ali_charts/X
The market value/realized ratio reached below $1.00 in March and April 2025 indicating the possibility of correction. The $3.00 to $3.10 price brief departure of XRP was a transition in the short-term volatility of the currency as the market stabilise following the excitement over the higher value. This reduction of the ratio implied that the XRP was returning to a fair value.
XRP Price, Open Interest, and Market Activity
Open interest in XRP futures has increased by 13.39% to $8.67 billion, indicating that traders are long. The rise in open interest is a positive sign, showing that the market agrees with the XRP price and the additional traders are expecting further shifts. That may be another indication of upside strength of a positive nature provided the attitude of investors is positive.
Source: CoinGlass
Additionally, there is an impressive growth in trading volume by 204.57% where the figure stands at $22.09 billion, indicating the elevated activity of the market. Such facets create a situation that may drive XRP price even further. Liquidation data also indicates volatility in the market as large short positions are liquidated. To give an instance, short positions exceeding 876.20K were forced to liquidate in a mere one hour leading to the recent rally in the XRP price.
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