The open interest of XRP can be a good indication of the place where the price can go after that, as in the past. Looking at the open interest today compared to the numbers from 2024 before the assembly, it is still very high. Going to the historical performance, the open interest may be very high in the price, which leads to a possible correction of the prices from here for XRP.
XRP Open Mountge Now Vs. November 2024
according to Data from CoinglassXRP open interest is very high, as it exceeds $ 3.3 billion at the time of writing this report. While this is far from its high levels of $ 7.87 billion in January 2025, up to $ 3.35 billion. This means that XRP has decreased by 50 % since January, so about three months.
Compared to this, again in November 2024, XRP Open attention It was much less. The data shows that it is still less than a billion dollars, sitting at only $ 706 million when Altcoin was still in the direction of monotheism that began again in 2023.
This means that open attention currently increases by more than 300 % than it was before the November 2024 gathering. The thing in open attention is that the less, the higher the risk of a crowd. This is because it does not require much volume to raise the price if the open interest is low.
The current price is higher than 300 % than it was in November 2024, indicating a great connection between open interest and price. At this point, with a much higher XRP market roof, the chance of a 600 % mobilization is like what it witnessed in the fourth quarter of 2024 is less likely. However, still there The possibility of increasing pricesEspecially with critics on the market calls for the highest new levels ever.
When will the price reach the highest level ever?
With the current market feeling, it seems that The price of XRP is heading for more than 3 dollars Again, but still, a rise of $ 3.8 remains almost 100 %. Some analysts have advanced to say when they expect the price to scan new peaks, as some expect this sooner, not later.
One encryption analyst Propagate The price of XRP is scheduled to reach the highest new levels ever this year. She took a step forward, as she assumes that Altcoin was appointed to wipe $ 10, and in more extreme cases, she can jump over $ 25 by January 2026.
The graph from Tradingview.com
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