XRP continues to trade within a tight range of $2.95-$3.02, driven by increasing open interest and the dynamic interplay between bullish and bearish market forces. 4.2% weekly gains have propelled XRP closer to the $3.00 mark, with open interest now hovering near $3 billion. This level highlights strong engagement in derivatives markets, reflecting a balanced outlook from both long and short positions. Despite this activity, price movements remain confined between resistance at $3.02 and support at $2.95. 4.2% increase in the last week suggests market optimism but volatility is expected to pick up with potential movement. The weekly chart shows a tightening range structure, highlighting cautious anticipation of further developments.