XRP Price Holds $2.08 Amid Derivatives Surge and Liquidation Risks

XRP price hovers above $2.08 as traders weigh conflicting signals from spot and derivatives markets, suggesting short-term indecision.

Ripple (XRP) price stagnates, mirroring BTC and ETH trends

Ripple (XRP) is currently trading at $2.08, showing a modest 0.2% gain over the last 24 hours.

As the broader crypto market shows signs of consolidation, XRP continues to trade in a tight range between $2.00 and $2.15, forming a possible base for a future breakout.

On the the 7-day chart, XRP’s weekly time frame gains are now down to 1.8%, aligning with sideways movement in major assets like Bitcoin (BTC) and Ethereum (ETH) which have also consolidated around $84,500 and $1,590 for the better part of this week.

With traders hesitant to initiate aggressive bullish positions amid macroeconomic uncertainty and regulatory concerns, XRP continues to show positive signals in the derivatives markets.

XRP Open Interest Crosses $3B despite Neutral Market Sentiment

XRP’s derivatives market further emphasises the positive Ripple price outlook. As seen in the Coinglass chart below, the XRP daily trading volume dropped 33.08% to $3.69 billion, indicating reduced speculative trading.

However, options volume surged 98.74% to $2.47 million, signaling a rising interest in leveraged bets on volatility, especially among large investors.

Open interest rose 0.44% to $3.13 billion, while options open interest plunged 60.14%, possibly due to expired contracts or reduced hedging activity. Binance’s long/short ratio shows a bullish skew at 2.05, suggesting traders are favoring long positions.

The XRP liquidation heatmap reveals a key risk zone above $2.30, with cumulative short liquidations peaking at 342 million in that zone. This level is critical—any sharp move beyond it could trigger a cascade of short liquidations, fueling a breakout rally.

Rekt data underscores the volatile sentiment: in the last 24 hours, $1.15 million in positions were liquidated, nearly balanced between long ($617K) and short ($531K) positions—reflecting high leverage with little directional conviction.

In conclusion, XRP’s current consolidation at $2.08 sits atop a tense derivatives landscape, with high-leverage positions setting the stage for a volatile move—likely dictated by broader market sentiment and a break above the $2.30 liquidation threshold.

XRP Price Forecast Today: A Push Toward $2.22 if Bulls Reclaim 50-Day EMA

XRP is stabilizing around $2.07 and shows potential for bullish continuation, provided it clears resistance near the $2.21–$2.22 range. On the daily chart, XRP is hovering just below the 50-day EMA ($2.2125), which aligns closely with the 100-day EMA ($2.2282), forming a confluence resistance zone.

A breakout above this pocket could open a path to the $2.25 region, with $2.30 as a follow-through target where significant short liquidations cluster.

The Relative Strength Index (RSI) at 47.01 remains neutral but is climbing above its signal line at 43.86, indicating early bullish momentum. The RSI’s recovery from oversold territory, combined with a tightening price structure, supports a possible upside scenario. Meanwhile, volume delta shows a net increase of 6.7 million XRP coins, the first positive reading in four days, confirming demand is building.

XRP price forecast today leans cautiously bullish, with upside potential contingent on breaking key moving averages. However, failure to surpass $2.22 could lead to rejection and a pullback toward the 200-day EMA at $1.95,