XRP price climbed back above $1.35 while futures open interest fell sharply, a combination that could leave room for fresh leverage. The immediate resistance sits at $1.43-$1.46 with a $5 target, while the $1.40 level serves as the key point of control being closely monitored. The short-term structure has improved, but conditions remain fragile as the decline in open interest is not a standalone bullish signal. The price rebounded from $1.34 support and has remained within the $1.34-$1.46 range for about a month and a half. The next key test will be whether buyers defend $1.36-$1.37 support and reclaim the $1.45 resistance level.
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