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XRP is holding near $2.63 after adding a little over $10 billion in market value this week, but the real story is under the hood.  Derivatives positioning has gone through a full wash–rinse cycle in October: XRP ledger open interest (OI) across exchanges peaked near $3 billion on October 6, collapsed to roughly $1.08 billion by October 17 a collapse of 63%, according to data analyzed by Finbold from  CryptoQuant . XRP ledger open interest 1-month chart. Source: CryptoQuant XRP open interest recovered to about $1.39 billion as of October 26, the token’s price also bounced while leverage did not, which tells you spot demand steadied first and spec came back second. XRP ledger open interest 1-week chart. Source: CryptoQuant XRP ledger open interest hits May 2025 lows Binance did much of the deleveraging. Its XRP OI slipped back to the same neighborhood as the May 2025 trough, the point that preceded the run from $0.70 to $3.50. In May, perp funding compres...

Ripple’s XRP token is having one of its most significant years in recent memory. The asset struggled to gain momentum over the last few years, even during the 2021 bull run. The lackluster performance was most likely due to the SEC’s lawsuit against Ripple. XRP breached the $3 mark for the first time in seven years earlier this year, in January. The asset even hit a new all-time high of $3.65 in July. In this price prediction article, let’s discuss why XRP could breach the $4 mark in October. XRP Price Prediction: $4 Could Be A Reality This October Source: CryptoNynjas The cryptocurrency market seems to be already entering another bullish phase. Historically, October has been quite bullish for the crypto market. Bitcoin (BTC) has already reclaimed the $120,000 price point, and could be heading to a new all-time high. BTC hitting a new peak could trigger a market-wide rally. XRP’s price could surge beyond the $4 mark under such circumstances. There is a lot of tal...

An analyst who became popular after accurately calling the 2022 crypto meltdown believes Bitcoin (BTC) and altcoins are gearing up for bullish continuation. Pseudonymous analyst Capo tells his 102,828 subscribers on the instant messaging platform Telegram that a small pullback is in sight for BTC. According to Capo, the minor retracement would set the stage for BTC to rally above $70,000. “Major resistance level also for Bitcoin. A pullback to the $64,000-$65,000 level would be healthy before bullish continuation.”  Source: Capo/Telegram At time of writing, Bitcoin is trading for $64,370, down over 2% in the past 24 hours. Looking at the altcoin market, Capo says he’s closely following the OTHERS chart, which tracks the market cap of all crypto excluding the top 10 digital assets and stablecoins. The trader sees OTHERS pulling back to $220 billion before taking out its immediate resistance at $240 billion. “After giving the first bulli...