XRP Price Breakout Hinges on Key Level of $1.65

The price of XRP is currently holding near $1.45 as traders await a breakout at the key level of $1.65.

Whale long positions on Binance and OKX have improved, with a ratio of 2.18 and 23.38 respectively, but smart money sentiment remains bearish on Binance and Bybit.

The market setup is currently neutral, with the net position delta staying around the same level since the weekend, and whales taking a short break.

A rise in both open interest and net position delta at the same time could signal fresh buying pressure entering the market.