XRP futures open interest jumps 7% to $2.6B as longs build

Title: Bitrue calls XRP a $10 coin; futures OI jumps 7% to $2.6B as longs build

Bitrue says XRP trades far below fair value. The exchange pegs $10 versus roughly $1.42 now, implying a market cap above $610 billion (Bitrue, CoinMarketCap).

Derivatives flash dip-buying. Open interest rose to $2.60 billion, up 7% in 24 hours (CoinGlass).

Shorts aren’t piling in. Longs are edging higher, signaling no clear downside pressure in futures (CW).

Spot slid about 4% in a week. Price holds a tight range despite the drop (CoinMarketCap).

Charts still allow a lower low. One reading sees a brief push toward $1.51, then a deeper pullback. Traders watch $1.12 for a possible double bottom and $0.87 as a longer-term buy zone (chart).

Long targets stay on the board. The $10 call continues to circulate among analysts and the community (Bitrue).

Policy tailwinds surfaced. Missouri moved to consider XRP as a reserve asset, adding an institutional angle (Bitcoinist).

Bottom line for traders. Spot is weak, futures lean constructive. Participation is holding up rather than exiting (CoinGlass, CoinMarketCap).