welcome
CoinGape

CoinGape

Business

Business & Economics

Ripple (XRP) Price Analysis: $5.5 Billion XRP Open Interest Signals Positive Reaction to Paul Atkins’ Latest Update

CoinGape
Summary
Nutrition label

75% Informative

Open interest surged 2.7% to $5.5 billion , revealing renewed capital inflow despite derivatives volume falling sharply.

Long/short ratios above 2.0 across major exchanges like Binance and OKX highlight strong directional conviction in XRP 's upside potential.

If open interest continues rising, XRP could retest $ 2.70 near-term resistance.

Expectations of softer regulations under Paul Atkins and ETF altcoin verdicts expected in June , could propel a run toward $ 3.00 .

Could XRP price reach $ 3.00 in 2025 ? - Breaking: Spot Dogecoin ETF Advances to Review Stage; DOGE Price Spikes.

What’s Next For Trump Price ahead of Crypto Dinner ? - BTC News: Arizona Shuts Down Bitcoin Reserve Bill.

US CPI Inflation Drops To 2.3% , Bitcoin Price To Hit ATH Soon? - Whales Buy , Retail Sells: 83 K BTC Scooped Up ahead of Bitcoin Volume Surge .

VR Score

67

Informative language

63

Neutral language

24

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links