XRP triple Bitcoin returns as volume rise reach $1.81B
XRP rush reach about 6.34% to around $1.44 dis week, pass Bitcoin wey only do about one-third of dat upside. Spot plus derivatives action jump to about $1.81B for one day, show say traders don renewed focus on XRP.
Di main level na be the $1.44 resistance zone, dem don test am and reject am many times for di last two weeks. Short-term momentum don tight: daily RSI dey 67.7. If XRP lose strength, support dey near $1.38 (around di 50-day moving average), and fit extend to $1.35 if e break down deeper.
Derivatives signals dey constructive but no be craze for XRP. Open interest dey about $414.8M and funding rates near flat at 0.0015%, mean say longs no too packed and e reduce risk of sudden liquidation cascades.
Still, wider risk sentiment dey cautious, Crypto Fear & Greed Index dey 23 (Extreme Fear). Traders go likely dey look for daily close above $1.44 and make am support. Next upside dem eye na around $1.54 near di 200-day moving average, while rejection at $1.44 fit quickly cap gains.
Neutral
XRP dey show strong momentum wey volume dey drive (rally go ~$1.44, spot+derivatives volume ~$1.81B, funding near flat), and derivatives data dey show say leverage no too crowded—normally e dey support continuation. But price dey dey reject steady for the $1.44 resistance zone, and the daily RSI near 67.7 dey flag short-term overbought risk. With broader sentiment still for Extreme Fear (FGI 23), follow-through depend heavy whether XRP fit close daily above $1.44 and make am support again. If e fail, e fit trigger pullback go $1.38 and maybe $1.35, wey go cap upside toward $1.54.