<ul><li>XRP price drops to $2.14 amidst declining market confidence and liquidation of long positions, indicating less trader confidence and possible decline in trading activity.</li><li>Increased positivity in the crypto space initially boosted XRP price, reaching intraday highs of $2.30, but a pullback suggests a change in sentiment regarding short-term bullish momentum.</li><li>XRP's derivatives metrics show a 2.66% dip in Open Interest (OI) and significant liquidation of long positions, reflecting lower trader confidence and a decline in trading activity.</li><li>XRP price is currently trading above key support levels, but failing to hold at $2.11 and $2.14 could lead to further decline. The Relative Strength Index (RSI) sits at 52.42, indicating the market could swing either direction in the short term.</li></ul>

XRP Price Prediction: Ripple Recovers Gains, But Open Interest Drops Sharply

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