XRP’s leverage has been flushed out while price holds – and the next move is now wide open
CryptoSlate
XRP's reduced leverage and stable price, supported by institutional adoption and improved market structure, suggest potential for significant future price movement.Summary
XRP has experienced a reduction in speculative leverage while maintaining a stable price near $1.39, creating a cleaner market structure. This stability is bolstered by increased institutional engagement, evidenced by the launch of CME futures and options, and positive inflows into XRP products. With improved regulatory clarity and rising network activity on the XRPL, the asset is well-positioned for volatility. Analysts suggest that the next major move—with potential bull targets between $1.55 and $1.80—will depend on whether institutional inflows and open interest continue to climb.
(Source：CryptoSlate)