🔷 Forecast $XRP : $10 target, but open interest is half its peak
📋 Facts:
• Analyst Moustache: expanding wedge on the weekly chart (forming for 2 years)
• Current price: $1.52, target $10 (+560%)
• Peter Brandt: “cup and handle” pattern, 65–70% probability of a rise
• Binance OI: $516.6 million (recovered from $350–400 million)
• But OI is still significantly below its October 2025 peak of $1.3 billion
• Price has recovered faster than OI
• Leveraged traders are less confident than last year
🧠 XRP’s technical picture is bullish: the expanding wedge and “cup and handle” point to potential gains up to $10 (+560%). But derivatives data call for caution: open interest has recovered to $516 million, but that’s half the October 2025 peak of $1.3 billion. Price has recovered faster than OI—leveraged traders are less aggressive than a year ago. This signals a cautious market with less hype. A rally is possible, but without euphoria.
⚠️ Risks: low OI compared with its peak; trader caution; reliance on technical patterns; volatility; XRP regulatory risks.
❓ Can XRP reach the $10 target? 👇
#xrp
📋 Facts:
• Analyst Moustache: expanding wedge on the weekly chart (forming for 2 years)
• Current price: $1.52, target $10 (+560%)
• Peter Brandt: “cup and handle” pattern, 65–70% probability of a rise
• Binance OI: $516.6 million (recovered from $350–400 million)
• But OI is still significantly below its October 2025 peak of $1.3 billion
• Price has recovered faster than OI
• Leveraged traders are less confident than last year
🧠 XRP’s technical picture is bullish: the expanding wedge and “cup and handle” point to potential gains up to $10 (+560%). But derivatives data call for caution: open interest has recovered to $516 million, but that’s half the October 2025 peak of $1.3 billion. Price has recovered faster than OI—leveraged traders are less aggressive than a year ago. This signals a cautious market with less hype. A rally is possible, but without euphoria.
⚠️ Risks: low OI compared with its peak; trader caution; reliance on technical patterns; volatility; XRP regulatory risks.
❓ Can XRP reach the $10 target? 👇
#xrp