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XRP Price Prediction: March Averages Negative – Can Bulls Defy The Pattern?


XRP Price Prediction: March Averages Negative – Can Bulls Defy The Pattern?

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  • XRP tests Supertrend support at $1.3273 as open interest crashes 5.68% to $2.14 billion amid deleveraging.
  • Volume collapses 32.39% to $4.24 billion while $873.05K in liquidations flush overleveraged shorts.
  • Historical data shows XRP averages -2.37% in March, with median returns of -2.37% across 13 years of data.

XRP price today trades near $1.3475, down 1.09% after testing the Supertrend support at $1.3273. The move places buyers at a critical level as open interest collapses and historical data suggests March typically delivers negative returns.

Open Interest Crashes 5.68% As Volume Collapses

XRP Derivative Analysis (Source: Coinglass)

Open interest crashed 5.68% to $2.14 billion while volume collapsed 32.39% to $4.24 billion. The combination signals reduced participation and deleveraging as traders exit positions at key technical levels.

Total liquidatio…

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