XRP and XLM Hold Steady as Derivatives Data Points to Easing Downside Pressure

BitcoinWorld XRP and XLM Hold Steady as Derivatives Data Points to Easing Downside Pressure XRP and XLM prices have remained stable over the past 24 hours, while derivatives market data indicates that selling pressure may be subsiding, according to the latest analysis.

Market Overview: XRP and XLM Steady Amid Broader Crypto Calm As of today, XRP is trading near $0.62, and XLM is hovering around $0.11, showing minimal daily movement.

This steadiness comes as the broader cryptocurrency market experiences a period of low volatility, with Bitcoin and Ethereum also trading in narrow ranges. The derivatives market for both assets is showing signs of reduced bearish sentiment.

Open interest in XRP futures has declined by 3% over the past 24 hours, while funding rates have turned slightly positive, indicating that long positions are not being penalized.