Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

XRP Stuck Near $1.06 as Open Interest Hits New Low

Guavy AI Editorial Team
Instruments
BNB XRP
Share

XRP has been trading near $1.06, stuck in a narrow range between $1.05 and $1.11.

The price broke below its rising triangle and found support around $1.05, but the rebound stopped short of recovering both the broken trendline and the 50-day simple moving average.

According to CryptoQuant analysis, open interest in Binance's stablecoin-margined XRP contracts fell to approximately $186 million on July 31, its lowest level since April 2025.

The upcoming release of xrpld 3.3.0 includes five proposed amendments that will require validator approval: Confidential MPT, Batch, Permission Delegation, Sponsored Fees and Reserves, and Dynamic MPT.

More on Crypto

Crypto just now

Strategy Posts Eye-Watering $8.22 Billion Net Loss on Bitcoin Holdings

Crypto just now

Bitcoin Surges 9.82% in July, Paving the Way for a Potential August Rally

Crypto just now

Why People Are Turning to Cryptocurrency Due to Inflation

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy