{"id":24621,"date":"2026-03-28T09:51:18","date_gmt":"2026-03-28T09:51:18","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-traders-watch-april-as-open-interest-jumps-15\/"},"modified":"2026-03-28T09:51:23","modified_gmt":"2026-03-28T09:51:23","slug":"xrp-traders-watch-april-as-open-interest-jumps-15","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-traders-watch-april-as-open-interest-jumps-15\/","title":{"rendered":"XRP traders watch April as open interest jumps 15%"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p><strong>XRP traded near $1.34 on March 28, with a 24-hour trading volume of about $2.24 billion and a market cap near $82.04 billion.\u00a0<\/strong><\/p>\n<div id=\"cn-block-summary-block_a20a90ec922d4d117158c8f1b0a20d94\" 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 held near $1.34 as traders watched April seasonality and a key $1.80 resistance level.<\/li>\n<li>CryptoQuant data showed XRP returns still outpaced risk while Binance open interest climbed to 14.8%.<\/li>\n<li>Analysts said XRP must reclaim $1.80, while weaker structure could expose next support near $1.00.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Meanwhile, the token was down almost 1% on the day and 7% over the past week, leaving price action stuck in a narrow range as traders look toward April.<\/p>\n<p>XRP\u2019s slow price action has drawn attention because April has often been one of its stronger months. Recent market data cited by CryptoRank showed that XRP\u2019s average April return stands at 24.8%, keeping seasonal expectations in focus even as the token enters the new month under pressure.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>That backdrop has kept traders focused on whether XRP can repeat part of its earlier seasonal pattern. At the same time, current market data still shows weakness, with XRP underperforming the broader crypto market over the last seven days.<\/p>\n<h1 class=\"wp-block-heading\"><strong>Resistance and support levels stay in view<\/strong><\/h1>\n<p>Market commentary around XRP remains split as price holds near support but fails to regain higher resistance. One analyst <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/Eljaboom\/status\/2037804197350125897?s=20\" target=\"_blank\" rel=\"nofollow\">said<\/a>, \u201cUntil $1.80 is reclaimed, every bounce is just a lower high,\u201d while another recent market view described $1.80 as a key level that could shift momentum if buyers recover it on a sustained move.<\/p>\n<p>On the downside, bearish scenarios still point to deeper support zones if the current structure fails. Recent market analysis has placed the next major downside area in the $1.00 to $1.20 range if selling pressure continues and XRP cannot rebuild strength above nearby resistance.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Binance data shows mixed signals<\/strong><\/h2>\n<p>CryptoQuant data from analyst Arab Chain <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoquant.com\/quicktake\/69c5967c5b3e5f5175a7cfb3-XRP-Sharpe-Ratio-Indicates-Returns-Still-Outpace-Risk\" target=\"_blank\" rel=\"nofollow\">showed<\/a> some improvement in XRP\u2019s risk-adjusted returns on Binance. The 30-day average return was around 0.00063, while the Sharpe Ratio stood near 0.0267, a sign that returns were still outpacing risk, though only by a moderate margin.<\/p>\n<p>That steadier reading came as leverage started to build again in the derivatives market. Separate CryptoQuant data <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoquant.com\/quicktake\/69c619235b3e5f5175a7d016-Binance-XRP-Open-Interest-Jumps-to-148-as-Long-Liquidations-Keep-Hitting-the-Mar\" target=\"_blank\" rel=\"nofollow\">cited<\/a> by recent market coverage showed Binance open interest rising 15%, while repeated long liquidation events on March 18, March 21, and March 26 showed that bullish positioning remained fragile during volatility.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP traded near $1.34 on March 28, with a 24-hour trading volume of about $2.24 billion and a market cap near $82.04 billion.\u00a0 Summary XRP held near $1.34 as traders&hellip;<\/p>\n","protected":false},"author":1,"featured_media":16272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24621","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\/24621","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=24621"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24621\/revisions"}],"predecessor-version":[{"id":24622,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24621\/revisions\/24622"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/16272"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=24621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=24621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=24621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}