Ripple (XRP) The open benefits decrease to less than 5 billion dollars like JP Morgan Partners 3 Banks against RLUSD’s RLUSD Stablecoin

The price of Ripple (XRP) decreased by 5.2 % over the past 24 hours of trading at $ 2.31 on Saturday, as it was competitive less than five competitors. Dermits data show that in the short term traders come out of situations quickly, even when Bitcoin (BTC) reached the highest new level ever at $ 111,807. What is the following for the XRP price?

Ripple (XRP) is reflected in $ 2.31 despite bitcoin expectations

Ripple (XRP) fell behind the broader encryption rally on Friday, as it weighed the total disturbance and risk of the sector.

While the Donald Trump threats at the European Union raised the new institutional demand on Bitcoin on Friday, XRP failed to catch up with gathering.

According to Coingecko data, XRP fell by 5.1 % from $ 2.44 on Friday to open trading at $ 2.31 on Saturday.

On the other hand, Bitcoin rose to a record level of $ 111,807, nourishing $ 934 million in daily ETF flows – the second highest day higher from the beginning.

With 5.2 % losses, XRP emerged as the best best performance of performance in the market. It is worth noting that BTC, Ethereum, Solana and BNB are all outperformed XRP, every day losses were crowned less than 5 % at the time of publication.

Why did the XRP price decrease today?

On Friday, the XRP price reflects the increasing concerns among investors about Ripple’s ability to compete in the StableCoin Global Market, especially after the leadership of JPMorgan is a set of four heritage banks, floating on the idea of ​​the new digital dollar project in Wall Street.

Friday, Wall Street Journal I mentioned that the largest American banks, JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo, explores the launch of the joint Stablecooin supported by US dollar.

The plan, which is still in the conceptual stage, includes the use of Blockchain infrastructure providers such as early warning services and clearing house to improve payment speed, and reduce cross -border friction.

This may witness the current Wall Street Big Crocl market share of the current stablecoins launched by encrypted companies including Rlusd Rlus, Circle’s Usdc and Tether (USDT).

Ripple RLUSD was launched in March 2025 as the organized US dollar in LEDGER and ETAREUM.

With the support of 1: 1 by the US dollar reserves and the short -term cabinet, RLUSD works as a liquid and liquidity pillar for RipPlenet and the ODL for InsitiUonal players.

At the time of publication on May 24, the original Stablecoin from Ripple now takes on a trading capital of $ 310 million, each. Latest RLUSD data from Coingecko.

However, the emergence of “Wall Street Stablecoin”, which is supported by the four best American banks, threatens to reduce the increasing dominance of the RLUSD market, especially among institutional players.

What is the next to make the XRP price The open interest rate is less than $ 5 billion?

As an emphasis on Outlook’s open interest in XRP markets, it decreased by 1.47 % to $ 4.89 billion, indicating that merchants actively get out of the currency -backed currency.

Coinglass derivatives shot below shows how OI OI Open takes over. –The total value of active derivative contracts has decreased by 1.5 %, threatening more than $ 50 million in the past 24 hours.

Meanwhile, the trading volume increased by 51.84 % to 6.97 billion dollars, indicating that the decrease in prices was driven by high -density sale pressure last day.

Moreover, XRP’s open interest increased by 47.99 % to $ 1.69 million, while options doubled to $ 16,570. This indicates a high hedge activity, as merchants are preparing to fluctuate after Wall Street Sterettplewin and the new Tariff from Trump on the European Union, which is scheduled to enter into force on June 1, 2025.

Reference data confirm 24 hours a bear momentum with erasure of $ 14.88 million from XRP, and a short $ 1.02 million classified from the total specifications of a total of 15.89 million dollars.

The window, which lasted 12 hours alone, witnessed $ 5.02 million in long positions. This indicates that the majority of the last sale pressure came from the long trainees who were neglected by JPMorgan News.

If XRP’s open interest continues to drop about $ 4.5 billion, the immediate price procedure may test the main support levels at $ 2.20 and $ 2.10.

Will XRP recover?

On the upper side, the current Bitcoin monotheism, which is more than $ 108,000, provides a favorable macro background. The price of XRP is proven above $ 2.30 during the weekend, the fixed bitcoin uniformity can provide more than $ 108,000 a temporary temporary store of XRP XRP in the near term.

Technically, the recovery is still about $ 2.45 if XRP maintains $ 2.20 and derivatives of open benefits at the level of $ 5 billion.

Today’s XRP price expectations: Bears Eyes $ 2.08, opposite after violating the key transfer

Ripple (XRP) was traded at $ 2.3066 at the time of the press, a decrease of 5 % from Friday, but technical expectations tend to be cautious as XRP slipped below average 9 days and 21 days (2.3697 dollars and $ 2.3556, respectively).

This reference confirms the high risk of the negative side. Failure to keep these main main lines indicates a short -term momentum, especially since the price is now closed under MAS in the short term for the first time since early May.

The RSI is located at 48.46, less than 50 neutral lines and volatile moving average (currently 56.86), which means that the declining momentum is gradually built.

Other indications that the sellers may continue to confirm the pressure unless the bulls retrieve control over $ 2.37. The level of $ 2.08 can appear as the next decisive support if the current weakness continues.

While Bitcoin price expectations today are still largely positive, the most broader feelings across Altcoin markets lack the bullish condemnation. This contributes to the non -improvement of XRP, with twice the follow -up over $ 2.40, undermining previous penetration attempts.

A decisive daily closure will be needed over $ 2.37 to turn the ups in the short -term ups and challenge its highest levels of $ 2.60. On the contrary, the ripple price in the region may be drifted from 2.08 to $ 2.10 if the homosexual feelings remain dominant during the weekend.

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