WARSAW, July 21, 2026, 12:28 (CEST) — Cryptocurrency markets operate around the clock.
- XRP was last around $1.13, rising 4.0% in the past 24 hours and gaining 6.1% in a week.
- Open interest represented 3.5% of market capitalization, compared to Ether’s 12.0%.
- Maintaining $1.13 could bring resistance in the $1.24 to $1.28 range.
XRP climbed roughly 4% to $1.13 on Tuesday, bringing its gain for the week to 6.1%. A derivatives market with lighter participation is sending a clearer signal to investors.
Open interest represents roughly 3.5% of XRP’s market capitalization. For Ether, this figure is 12.0%, and for Solana, it stands at 10.9%. As a result, XRP faces lower risk from a leverage wipeout.
Bitcoin is currently close to 3.8%. XRP shows a similarity to bitcoin’s position, rather than to the major alternative coins.
The 24-hour snapshot highlights the difference. Ratios are based on reporter analysis of real-time CoinGlass figures.
| Asset | Price | 24-hour change | Futures/spot ratio | Open interest to market cap |
|---|---|---|---|---|
| XRP | $1.134 | +4.04% | 6.0 times | 3.5% |
| Bitcoin | $66,322 | +3.10% | 13.5 times | 3.8% |
| Ether | $1,941 | +4.06% | 19.3 times | 12.0% |
| Solana | $78.35 | +2.36% | 14.4 times | 10.9% |
XRP’s futures-to-spot turnover ratio stands at just 6.0, compared to peers with ratios between 13.5 and 19.3. Reduced derivatives activity may help limit forced sales amid a market downturn.
The effect is twofold. With fewer leveraged positions, there is also a reduced chance for a squeeze. Cash buyers are left to absorb the downside.
Spot demand increased, with CoinGecko reporting turnover at approximately $1.29 billion, marking a 57.7% rise from the previous day.
ETF inflows are still limited. Spot XRP ETFs attracted $6.78 million in the period from July 13 to 17. Total assets were around $992 million, and overall inflows reached $1.49 billion.
The weekly flow accounted for under one basis point of XRP’s total capitalization. Fund assets represent approximately 1.4% of the market value. Both numbers were calculated by the reporter.
In comparison, U.S. spot bitcoin ETFs managed assets worth approximately $79 billion following five consecutive sessions of inflows. This accounts for nearly 5.9% of bitcoin’s overall market capitalization. The level of ETF penetration is around four times greater than that of XRP.
The forecast is influenced by that gap. Tuesday’s advance appears more like widespread spot rotation than a squeeze driven by ETFs. Continued inflows into funds would boost the likelihood of momentum continuing.
Crypto markets saw increased risk appetite. Bitcoin climbed to its highest level in two weeks alongside a rebound in Asian chip stocks. Ether gained 4.1%, while Solana advanced 2.4%.
Simon-Peter Massabni, head of business development at XS.com, said, “Softer U.S. inflation has eased concerns about an extended period of restrictive monetary policy.” FXStreet
The initial technical hurdle lies at $1.13. If maintained, resistance appears at $1.24-$1.28, representing gains of around 9%-13% from current levels. Analyst Ali Martinez forecasts a move to $1.35 should a breakout be confirmed.
The primary scenario sees a retest of $1.24, assuming $1.13 remains intact. A daily close above $1.28 would reinforce the reversal trend. Should $1.06 be breached, it would open the way to $1.02, followed by the $0.88-$0.92 range.
Risks are still significant. Crypto markets operate around the clock, but ETF reporting is delayed. Open interest levels may shift rapidly. The Federal Reserve’s July 28-29 meeting may dampen appetite for risk.
