XRP Open Interest Nears $3B as Price Tests $3 Level

XRP is capturing trader attention as open interest reaches unprecedented levels. With almost $3 billion in futures positions now active, the market is poised for significant movement at the $3 resistance zone. Data suggests whales are actively positioning, hinting that a decisive price swing may be just around the corner.

Market Dynamics at $3

Current market conditions show XRP trading near $2.97 with open interest sitting at $2.9B. These elevated levels typically precede sharp volatility, as seen in late 2024 and early 2025 when similar spikes triggered major price swings. The psychological $3 barrier now represents the key battleground where bulls and bears are locked in position.

What This Means for Traders

The $3B open interest figure indicates substantial capital committed to futures contracts, setting up two probable scenarios. A successful break above $3 could spark short liquidations, potentially driving XRP toward $3.50–$4.00. Conversely, if resistance holds firm, overleveraged long positions may unwind quickly, pushing prices back to $2.50 or lower.

This development comes as the broader crypto market stabilizes and XRP maintains its relevance in payment solutions and regulatory discussions. Whale positioning suggests informed players are preparing for what could be XRP's most important price test in months.