{"id":23096,"date":"2026-03-03T16:08:18","date_gmt":"2026-03-03T16:08:18","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-price-retests-range-lows-as-open-interest-crashes-70-volatility-expansion-next\/"},"modified":"2026-03-03T16:08:23","modified_gmt":"2026-03-03T16:08:23","slug":"xrp-price-retests-range-lows-as-open-interest-crashes-70-volatility-expansion-next","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-price-retests-range-lows-as-open-interest-crashes-70-volatility-expansion-next\/","title":{"rendered":"XRP price retests range lows as open interest crashes 70% \u2014 volatility expansion next?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">XRP price is retesting range lows as open interest drops 70%, putting $1.30 support in focus.<\/p>\n<div id=\"cn-block-summary-block_babdf16498b3ed7df45b98900c1cffba\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XRP trades at $1.34, down sharply from its July 2025 high of $3.65.<\/li>\n<li>Open interest has fallen from $660M to $203M in five months, led by Binance.<\/li>\n<li>A daily close below $1.30 could open the door to $1.00, while $1.50 is key for recovery.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>XRP (XRP) is back near the bottom of its range amid continued selling pressure. At press time, the token trades at $1.34, down 4.4% in the past 24 hours.<\/p>\n<p>The seven-day range is between $1.28 and $1.48. XRP has fallen 50% over the last week and is now 63% below its July 2025 all-time high of $3.65. Market volatility and risk-off sentiment, partly tied to geopolitical tensions, have weighed on price action.<\/p>\n<h2 class=\"wp-block-heading\">Open interest drops sharply<\/h2>\n<p>A Mar. 3 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/69a6d7de0e8d0d4ecfad9b5a-XRP-Open-Interest-Just-Crashed-70-Binance-Leads-The-Drop-as-Price-Falls-From-3-t\" target=\"_blank\" rel=\"nofollow\">analysis<\/a> by CryptoQuant contributor Amr Taha shows a major shift in the futures market. Total XRP open interest across exchanges fell from $660 million on Oct. 6, 2025, to $203 million on March 3, 2026. That\u2019s a 70% drop in five months. <\/p>\n<p>Binance led the decline, while Bitfinex and BitMEX now show only a few million dollars in open contracts.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Open interest tracks the number of active futures positions. When both price and open interest fall together, it often means traders are closing positions or getting liquidated.<\/p>\n<p>The last time Binance XRP open interest dropped to similar levels, around April 2025, price later formed a bottom near $1.80 before rallying. Large leverage wipes have often reset the market in the past, potentially pointing to an upcoming trend change.<\/p>\n<h2 class=\"wp-block-heading\">XRP price technical analysis<\/h2>\n<p>On the daily chart, XRP is testing the $1.30\u2013$1.35 support zone. This level forms the base of the current multi-month range. A daily close below $1.30 would break the structure and expose $1.00\u2013$1.10 as the next downside area. If support holds, price stays in consolidation.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">XRP daily chart. Credit: crypto.news<\/figcaption><\/figure>\n<p>The trend still shows lower highs and lower lows. XRP trades below declining moving averages. For a real shift, price must reclaim the $1.50\u2013$1.60 supply zone and break the last lower high.<\/p>\n<p>Bollinger Bands expanded during the sell-off and are now tightening. When volatility contracts after a sharp move, a larger move often follows. Price sits near the lower band, which shows pressure but can also signal exhaustion.<\/p>\n<p>RSI bounced from oversold levels and is now near 40. Momentum is still weak below 50. A push above 50 would show stronger buying strength.<\/p>\n<p>The current area also holds past liquidity. Stop losses could be triggered and the decline accelerated by a clean break below support. Short covering could lead to a rapid bounce if sellers don\u2019t push lower.\u00a0<\/p>\n<p>A range recovery and a shift in the short-term momentum would be indicated by a daily close above $1.50. If the price closed below $1.30, there would likely be more drops. XRP is at a crucial turning point, and volatility may soon increase.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is retesting range lows as open interest drops 70%, putting $1.30 support in focus. Summary XRP trades at $1.34, down sharply from its July 2025 high of $3.65.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=23096"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23096\/revisions"}],"predecessor-version":[{"id":23097,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23096\/revisions\/23097"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11371"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=23096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=23096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=23096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}