XRP’s 1,000% Rally Blueprint Returns as Open Interest Drops
Analyst Crypto Patel says XRP is repeating the macro structure that previously preceded XRP’s gains of 1,000% or more. The article points to an HTF accumulation zone at $0.70–$1.10, where long-term investors allegedly built positions before earlier breakouts. XRP is around $1.10, near the top of this demand range, while the higher-timeframe MACD is nearing a bullish crossover.
Key level: $3 is framed as the next major resistance. Patel argues that a decisive breakout above $3—while holding support inside the $0.70–$1.10 zone—could set up a longer-term move toward $9+ based on prior cycle behavior.
Derivatives signal: Binance XRP futures open interest has fallen to roughly 397 million XRP, the lowest in over 3 months, after XRP slid from about $1.55 (March) to around $1.10. The drop suggests leveraged traders have exited, which is often viewed as constructive after corrections because it can reduce liquidation risk and speculative excess.
On-chain/adoption: Nearly 40% of all XRP wallets were created during 2024–2025, indicating ongoing participation and a potentially stronger base of longer-term holders even as price has been weak.
Traders watching XRP for confirmation should focus on whether XRP defends the $0.70–$1.10 support band and then reclaims $3 with improving momentum.
Bullish
The article frames XRP’s setup as bullish because multiple components are converging: (1) a widely cited HTF accumulation zone ($0.70–$1.10) where prior long-term buying preceded explosive uptrends; (2) improving momentum signals, with higher-timeframe MACD nearing a bullish crossover; and (3) a derivatives cooling effect—Binance XRP open interest dropping to a 3-month low—often supportive after drawdowns because it reduces leverage-driven fragility and liquidation cascades.
In the short term, traders may still see volatility while XRP tests the top of the accumulation band near $1.10. Confirmation typically requires price acceptance above $3 with continued leverage reset (or at least no immediate re-leveraging that triggers whipsaws).
In the long term, if the pattern repeats, a sustained breakout from the accumulation range could shift market structure toward the next expansion leg (targets in the article point to $9+). However, the bullish bias depends on maintaining support in the $0.70–$1.10 zone; losing it would invalidate the “blueprint” thesis and could revert the move into another consolidation phase.