Yes. Weakening sell pressure, higher lows, and steady Open Interest indicate a possible short-term breakout.

A rise in the Taker Buy/Sell Ratio above 1.0 and price holding above $2.45 could trigger a move toward $2.8-$3.0.

Ripple [XRP] might be getting ready for a breakout, as signs of selling pressure are starting to fade.

The Taker Buy/Sell Ratio still shows that sellers in control. But steady Open Interest, higher lows, and easing momentum point to a stabilizing market… not one that’s falling apart.

The Taker Buy/Sell Ratio for XRP was at around 0.96, so sellers still hold some power. However, downside momentum is also fading.

Even when the ratio briefly dipped below 0.9, it quickly rebounded. This is a sign that selling strength is weakening.

XRP’s aggregated OI has held relatively steady around $1.26 billion over the past week, proving limited new leverage inflows despite recent price movements.

This stability means traders are maintaining positions rather than entering fresh longs or shorts.

Meanwhile, the average Funding Rate slipped to -0.048%, meaning short positions are now paying longs. This is a sign of growing bearish bias in the derivatives market.

However, since OI hasn’t dropped sharply, it indicates consolidation rather than panic. Perhaps traders are cautious, but not exiting positions all together.

XRP’s recent price action showed tentative signs of recovery, trading near $2.46 after forming a higher low.

The RSI went up to 40.8; easing bearish momentum but still below the neutral 50 mark.

Meanwhile, the DMI showed narrowing gaps between the +DI (11.82) and -DI (36.02) lines, which means sellers’ control is waning. Volume remained modest.

If XRP can sustain momentum above $2.45 and the RSI crosses 45, a potential push toward the $2.7-$2.8 zone could materialize in the short term.