XRP Long Squeeze is Preparing

When considering Open Interest, Market Cap, and NVT Ratio together, it appears that in the short term, upward pressure on XRP is increasing, but the movement is not yet fully healthy.
The particularly noteworthy point is the Open Interest side. Open Interest has recently started to rise sharply again. This indicates that position accumulation in the futures market is increasing and traders are opening positions aggressively again. Normally, when Open Interest rises and the price is supported, the market tends to move upward. However, here the risk is that the NVT Ratio is still very high and continues to produce irregular spikes. An increasing NVT suggests that the network value is becoming expensive relative to the actual transaction activity on the chain. In other words, even if the price rises, the fundamental usage may not be growing at the same pace. This can lead to short-lived gains.
On the Market Cap side, there is no strong crash. The Market Cap remaining flat suggests that large investors have not yet invested aggressively. This reduces the likelihood of a sharp downward crash in the short term.
In the short term, the trend appears to be slightly more upward. The increase in Open Interest is trying to push the price higher. However, since the NVT is excessively high, the gains may be unhealthy and highly volatile. Therefore, the scenario mostly involves an initial squeeze followed by a sharp correction.
Especially if Open Interest continues to rise but the price cannot reach new highs, this increases the risk of a long squeeze and sudden downward moves in #XRP. Conversely, if the price breaks resistance levels along with OI growth, a strong short-term momentum could develop.
⚠️ #advertisement or investment advice is not provided. This analysis reflects my personal opinion. It does not guarantee certainty.