XRP Price Prediction: Bearish Momentum Builds as Open Interest and Flows Weaken

• XRP remains under pressure as it trades below key EMAs and major resistance zones.
• XRP derivatives cooling and falling open interest signal reduced trader risk appetite.
• Key support at $1.30–$1.28 is crucial as breakdown risks drop toward $1.20 level.

XRP extended its downward trajectory this week as weakening derivatives activity and persistent exchange outflows reinforced bearish sentiment across the market. Traders continued reducing leveraged exposure after XRP failed to maintain momentum above critical resistance levels near $1.49 and $1.55. Consequently, price action shifted into a broader correction phase, with sellers maintaining short-term control.

XRP Struggles Below Key Resistance Levels

XRP currently trades near the lower boundary of its Donchian Channel around $1.33 after several sessions of lower highs. Moreover, the token recently slipped beneat…

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