XRP’s Open Interest Bottoming: A Potential Signal for Market Rebound

Recent observations suggest a significant shift in XRP’s open interest, a key indicator of market sentiment. The dramatic decline in open interest suggests a wave of leveraged positions has been liquidated, potentially marking the beginning of a new upward momentum phase. Historically, such shifts have often preceded both sharp market reversals and sustained bullish breakouts, particularly when coupled with strong spot demand and improved liquidity conditions. ]