While XRP continues its course close to the critical resistance and support zone, the search for short-term direction in the market comes to the fore. The price trading around $1.00 indicates a situation where investors are caught between a possible recovery and a new selling wave.
Cautious outlook continues in derivatives data
CryptoInsightUK analysts state that as the price of XRP declines, the amount of open interest increases and funding rates remain in the negative zone. Although this structure shows that the expectation of decline in the market is prominent, it is evaluated that a short-term squeeze may pave the way for an upward movement if the buying appetite returns.
CryptoInsightUK analysts emphasize that the increase in open positions and the turning of funding rates into negative as the price falls keeps the possibility of a short-term reaction alive for XRP if buying demand becomes stronger again.
However, the downward structure consisting of lower tops and lower bottoms in XRP has not yet been broken. Therefore, the range between $0.95 and $1.00 is watched as a close support zone. The fact that transaction volume has not weakened significantly despite the price decline indicates that after-sales demand has not completely disappeared.
Another striking element on the derivatives side was that open positions started to retreat with the price after increasing from approximately 600 million contracts to over 700 million contracts. This outlook suggests that some of the leveraged interest in the market has unraveled.
| Indicator | Situation |
|---|---|
| resistance zone | around $1.00 |
| Support range | $0.95 to $1.00 |
| open positions | It rose from 600 million to over 700 million, then declined |
| Funding rate | Negative |
Ripple’s payment traffic continues to grow
Despite the pressure in market data, usage-oriented indicators from the Ripple front attract attention. Ripple CEO Brad Garlinghouse said in an interview with CNBC that the long-term value of digital assets is driven by real use cases, not financial engineering. As a blockchain company that develops cross-border payment infrastructures, Ripple stands out especially with its corporate payment solutions.
Brad Garlinghouse emphasized that the permanent value of digital assets is formed by real use and trust, and permanent demand can only be achieved with working blockchain solutions.
According to data shared by BankXRP, Ripple’s ODL volume reached $1.2 billion in the first quarter of 2026. This level indicates a 45 percent increase compared to the same period last year. It was also reported that the company processed a total of $16 trillion in payments last year.
Mini dictionary: ODL refers to Ripple’s liquidity solution that aims to reduce the need for pre-funding in cross-border payments. In this structure, XRP can be used as a bridge asset between different currencies.
In the long-term outlook, a range of 5 to 8 dollars is observed.
MikybullCrypto, on the other hand, suggests that a view similar to the Ichimoku Cloud structure may repeat on the monthly chart before a stronger return. According to the analyst, XRP may gain strength in the broader time frame if it manages to stay just above the upward sloping trend line that has supported the market since 2020 to 2021.
In this scenario, the range of 5 to 8 dollars stands out as the long-term target zone. On the other hand, as high volatility continues in crypto assets, short-term pressure and long-term recovery expectations remain at the same time.
