Futures Data Highlights Cautious Positioning

• XRP price today trades at $2.77, consolidating after dipping toward $2.74 with $2.60 as the critical defense.
• Futures open interest slips to $7.4B as volumes jump, signaling cautious positioning in derivatives markets.
• Short-term charts show bearish bias, with sellers capping attempts to reclaim $2.89–$2.90 resistance.

XRP price today is trading near $2.77, holding just above the $2.75 zone after recent pressure pushed the token to a one-month low. Buyers are attempting to stabilize price around key Fibonacci levels, but sliding futures interest and bearish short-term signals leave the outlook cautious.

XRP Price Holds Near Critical Support

The daily chart shows XRP consolidating after dipping toward $2.74, just above the 200-day EMA at $2.60. Fibonacci retracement levels highlight $2.95 and $3.08 as the immediate resistance band, while $2.60 remains the most important support floor.

A sustained close below $2.60 would mark a major breakdown, exposing $2.40 as the next liquidity zone. On the upside, regaining $2.95 would ease pressure and open the door for a retest of $3.19 and $3.30. RSI at 39 reflects weak momentum, though not yet in oversold territory.

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Futures Data Highlights Cautious Positioning

Derivatives data shows open interest near $7.4 billion, slipping 0.39% over the past day even as trading volumes rose more than 20% to $11.6 billion. This divergence indicates rising short-term speculation without meaningful commitment in futures positioning.

Options activity was notably weak, with volume down 43%. Top trader ratios across Binance and OKX remain skewed toward longs, but the lack of fresh open interest suggests a cautious stance. Until conviction returns, XRP price action may continue to trade with fragile support.

Short-Term Charts Show Bearish Bias

The 1-hour chart underscores a persistent bearish structure. XRP remains capped below the Supertrend resistance at $2.85, with Parabolic SAR signals also aligned to the downside. Attempts to reclaim $2.89–$2.90 have repeatedly failed, confirming sellers remain in control.

Momentum across intraday timeframes remains muted, with price action locked under declining resistance levels. Only a decisive break above $2.90 would shift bias and suggest a short-term rebound is underway.

Technical Outlook For XRP Price

XRP price prediction in the near term revolves around the $2.60–$2.95 range.

• Upside levels: $2.95, $3.08, and $3.19 as immediate targets.
• Downside levels: $2.74 as minor support, $2.60 as the critical defense, and $2.40 if that breaks.
• Trend markers: 200-day EMA at $2.60 anchors the cycle.

Related: Dogecoin Price Prediction: Analysts Target $0.30 Amid Support Test

Outlook: Will XRP Go Up?

The immediate path for XRP depends on whether buyers can defend the $2.60–$2.74 region. Holding above this band could allow for a rebound toward $2.95 and $3.08, while failure would risk triggering a deeper correction.

Analysts remain cautious as futures positioning weakens and short-term charts lean bearish. A break back above $2.95 would improve sentiment, but until then, XRP’s outlook remains fragile with $2.60 as the key line in the sand.