Derivatives activity around XRP has intensified as traders position for a potential move above the $1.18 resistance level. Open interest has climbed above $2.4 billion, rising roughly $125 million over the past week, signaling renewed appetite for leveraged exposure beneath the token's next price barrier. XRP currently trades near $1.13, up 1.5% over the previous 48 hours. Data from CoinGlass shows $1.98 billion in futures volume, $274 million in spot volume, and $2.53 million in liquidations during the period. The build-up in leveraged bets suggests traders anticipate a breakout, though heavy open interest can also raise the risk of sharp liquidations if price moves against crowded positions. The $1.18 line remains a key technical threshold that market participants are watching closely for confirmation of further upward momentum.
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