XRP

XRP OI at 128.92M contracts ($184.36M notional), down -2.5% from 24h peak of 132.72M. Price rallied +5.35% to $1.429 while OI declined, indicating healthy uptrend driven by short covering rather than fresh long accumulation. Funding rate at -0.008% shows slight short bias, creating favorable conditions for continued upside. Volume at 252.84M with strong participation validates the move. Key risk: OI compression suggests limited fresh capital inflow, making rally vulnerable to profit-taking above $1.43 resistance.