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Qadir AK
Qadir AK
Author
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Jun 21, 2025 05:20 UTC
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XRP Price Today Drops Despite $3.96B Futures Volume Surge
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XRP $ 2.14 (-1.43%) 
XRP Futures Volume Hits $3.96B: XRP outpaces the altcoin market with a 24-hour futures volume surge, led by Binance's $1.21B contribution.
$2.14 Resistance in Focus: Traders eye a breakout as XRP nears key resistance, fueled by rising open interest, positive funding rates, and bullish fractals.
XRP has made a strong comeback, with futures trading volume surging to a massive $3.96 billion in just 24 hours, according to crypto researcher Ripple Van Winkle. This sharp uptick in activity comes at a time when most altcoins remain sluggish, making XRP one of the few standout performers.
What’s Fueling the Spike?
The sudden excitement centers around XRP hitting a key resistance level at $2.14. As the price neared this technical threshold, traders in the derivatives market rushed in, pushing both the funding rate and open interest higher. A positive funding rate now indicates that more traders are betting on XRP’s price increasing, with long positions paying a premium to shorts.
Open Interest Soars, Binance Takes the Lead
In just 24 hours, XRP open interest jumped 5%, adding $550 million in new futures positions. This signals that more capital is flowing into XRP trades, likely setting the stage for greater volatility and bigger price moves. Binance led the charge, handling 30.58% of XRP futures volume, worth $1.21 billion. Bybit and OKX followed, contributing $793 million and $520 million, respectively.
While the technicals have triggered this rally, fundamental factors are also at play. Ripple’s ongoing global expansion and the growing buzz around potential regulatory clarity in the U.S. are helping boost market sentiment.
- Also Read :
- ChatGPT XRP Price Prediction: Big Surge Coming?
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XRP Price Prediction
Looking at the price momentum, XRP is currently priced below $3, but crypto analyst Egrag Crypto believes a major breakout could be on the horizon. According to his analysis, XRP might surge to as high as $27 within the next two years, marking a historic rally for the altcoin. Egrag points to a repeating fractal pattern from 2017 that seems to be forming again on the charts. If XRP follows this same trajectory, the double-digit price target could become a reality before 2026. With more than six months left in 2025, the analyst has laid out a clear roadmap showing how XRP could mirror its past cycle to reach this bullish milestone.
What It All Means
Moreover, this isn’t just short-term hype. The explosion in XRP futures volume is a clear signal of renewed trader confidence. XRP is showing signs of momentum, and if the token breaks above the $2.14 resistance, it could unlock the next major leg up.
Moreover, with strong technicals and rising investor confidence, XRP’s comeback is imminent. Traders are closely watching the $2.14 level.
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FAQs
Ripple’s global expansion, particularly in cross-border payments and tokenized assets, is expected to increase XRP’s utility and adoption, which could drive long-term demand and price appreciation.
Regulatory clarity, especially in the US (like the SEC lawsuit resolution), and potential ETF approvals would boost institutional confidence and liquidity, significantly impacting XRP’s long-term value and market acceptance.
Current XRP market sentiment shows renewed confidence and accumulation, mirroring fractal patterns from its 2017 rally, suggesting a potential for a similar significant breakout after a period of consolidation.
Yes 
No 
