💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
XRP OI Hits Lows Again as Price Holds $2.5: Is a Rally Toward $4.5 Possible?
XRP’s Open Interest matches May 2025 lows while price remains elevated, reflecting strong spot accumulation and cleaned-up derivatives structure.
Short-term support lies at $2.20–$2.40, with first resistance at $2.80–$3.00, signaling initial breakout targets for renewed bullish momentum.
Sustained Open Interest recovery could drive XRP toward $3.5–$4.5, suggesting a potential new trend phase with strong upward price movement.
XRP is trading at roughly $2.5 and Open Interest (OI) has returned to levels from May 2025. The market has a stronger demand for the spot market while the derivatives market is not as involved yet, which could be a built prelude to rally.
Open Interest and Market Structure
XRP’s Open Interest is now at the same low level as observed in May 2025. During that period, the price was considerably lower, but the subsequent increase in trading volume drove the token to $3.5. This historical pattern suggests that low OI paired with strong price levels could indicate the start of a new trend.
Low OI often reflects reduced leverage in the derivatives market. This reduction can create conditions for a cleaner market structure, allowing spot accumulation to dominate. The current scenario shows that XRP remains in firm hands despite weaker participation from leveraged traders.
Source: PelinayPA
The $2.20–$2.40 range now acts as a short-term buy zone. Maintaining this level could support the uptrend, with key structural support seen at $1.85. A broader floor exists between $0.60–$0.70, aligning with previous OI lows.
Spot Strength and Price Dynamics
Price strength in XRP is evident despite the low OI, suggesting that many traders are holding positions. This creates the potential for trapped short positions, which could fuel rapid upward movement if OI rises. A moderate increase in derivatives participation could trigger faster momentum toward higher levels.
PelinayPA notes that if OI recovers, XRP could first test the $2.80–$3.00 range. This level represents the initial resistance, and a breakout here would support bullish momentum. The following barrier appears between $3.30–$3.50, where price discovery could accelerate.
A sustained OI increase of approximately 25% over several days would indicate a likely continuation of the rally. Historical trends suggest that OI flushes often precede strong upward price movements in XRP, as leveraged positions adjust.
Potential Targets and Trend Phases
XRP’s derivatives market now shows a cleaned-up structure with spot strength dominating. This setup has often been seen at the onset of new trend phases, according to market observations. Recovery in OI could confirm the next move.
If bullish momentum continues, XRP could first aim for the $3.0–$3.5 range. Further acceleration may extend the rally toward $4.20–$4.50, provided market interest and liquidity increase.
Market participants are watching OI closely. Any consistent climb could drive rapid upward expansion, especially with price levels remaining elevated. This combination may create favorable conditions for trend continuation.
The post XRP OI Hits Lows Again as Price Holds $2.5: Is a Rally Toward $4.5 Possible? appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.