XRP derivatives heat up, golden cross signal draws attention

ForkMonger · 2026-01-17T11:40:10+00:00

Recently, XRP market enthusiasm has increased, with open interest in derivatives soaring to $1.4 billion, and perpetual contracts performing notably. Additionally, the spot price has reached $2.06, with a total market capitalization surpassing $125.41 billion. A golden cross has appeared on the technical charts, indicating potential medium-term upward movement. On the funding side, XRP spot ETFs attracted a net inflow of $17.06 million, demonstrating continued institutional investment, and the market trend is worth watching.

ForkMonger

2026-01-17 11:40:10

Abstract generation in progress

【Crypto World】XRP market recent popularity has significantly increased. Data shows that in the past day, derivatives open interest surged by 11.99%, reaching a scale of $1.4 billion. Among them, perpetual contracts performed the best, with a 12% increase in trading volume, directly pushing it to $1.4 billion, while futures contracts remained relatively quiet, recording only $2.2 million.

In terms of spot prices, XRP is quoted at $2.06, with a total market capitalization surpassing $125.41 billion. More notably, a positive technical signal has appeared—the 23-day moving average has crossed above the 50-day moving average, forming a classic golden cross pattern, which usually indicates the start of a mid-term upward momentum.

The capital side is also validating this enthusiasm. XRP’s spot ETF attracted a net inflow of $17.06 million in recent trading days, indicating that institutions and long-term funds are gradually positioning. The increase in derivatives activity combined with a technical breakout, along with continuous ETF capital inflows, suggests that multiple factors are resonating, making the subsequent market trend worth watching.

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BrokenDAO

· 9h ago

Can a golden cross trigger a rally? I've seen this narrative too many times, and every time someone says "multiple factors resonate," but what’s the result... The high activity in perpetual contracts actually makes it more cautious; leverage trading is essentially zero-sum. Institutional inflows of 1.4 billion don't mean much; what's important is who is taking the other side.

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BoredWatcher

· 15h ago

The golden cross... sounds impressive, but can it really withstand this round of correction? Institutional entry is a good thing, but I'm worried it might just be the prelude to a dump. Perpetual contracts are so active now, are we going up or crashing down? Wait, is the 2.06 price stable? It feels like it could break at any moment. I'm suspicious of the surge in derivatives; isn't this just whales shaking out their positions? So what if there's a golden cross? Reverse positions still lose money. ETF net inflow is over 17 million, indicating that some people are still optimistic. Most of those entering now, nine out of ten, are probably being played. Looking at this rhythm, it seems like the big players are gathering strength, but what are they preparing for? Even the best signals are useless; the key is how it will move next.

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FreeMinter

· 23h ago

Golden cross is here, perpetual contracts are surging. Is this really different this time? Feels like XRP is about to take off... institutions are quietly entering the market. Perpetual leverage is going crazy again. Should I hold or run this time? Golden cross + ETF net inflow, the combination is a bit too perfect... Contracts surged by 11.99%, all betting on the golden cross? Institutions are positioning, and I'm still debating whether to chase... Perpetuals are skyrocketing again, are they about to harvest the retail investors... Can we still trust signals like the golden cross? How many times has it been repeatedly cut? With 1.4 billion in perpetual trading volume, it feels like someone is accumulating. In this wave of hype, is it real gold and silver or just a game of pass-the-parcel?

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MemeTokenGenius

· 01-18 13:01

Golden cross, honestly, I'm tired of hearing about it. Every time they say it will go up, but what happens? Perpetual contracts are going crazy again. Is this a sign of distribution? Those who bought in at around $2 are already sitting on profits. Now those who buy in again will probably get cut. Institutional entry is indeed interesting, but can we trust ETF inflows?

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HalfBuddhaMoney

· 01-17 12:10

The golden cross is back again. How far can it go this time? Perpetual contracts are so active, it feels like a liquidation is imminent. Can we chase at over $2, or should we wait for a pullback? Institutions are making moves, retail investors are just following along and giving gifts? Is this a real breakout or just another fakeout? Don't trust the technicals.

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ChainMemeDealer

· 01-17 12:08

The golden cross is back, but is this really the case or just another signal to trap retail investors? Are institutions really coming in, or are they setting us up again? With perpetual contracts soaring so rapidly, are retail investors making profits or getting liquidated? Thinking of reaching for the sky at just over $2? Hold on, let me take another look. Could this wave be another trap to lure in buyers? History always repeats itself.

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PrivateKeyParanoia

· 01-17 12:06

Golden cross is back. Is this time reliable or just another cut? XRP is storytelling again. When perpetual contracts start, you'll see what the main players are up to. Can we trust ETF net inflows? Institutions are probably accumulating chips. 2.06 feels like there's not much pressure, but I've seen this technical signal too many times. With the support of capital flow... it sounds like a rally is coming again. I'm choosing to stay on the sidelines.

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AirdropNinja

· 01-17 11:50

Golden cross just appeared and you're already hyping it? Come on, the coin you hyped up last time is now trapping me. Wait, are institutions really deploying or are they just harvesting? This wave of XRP is a bit interesting, the surge in perpetual contracts doesn't seem right. Another golden cross... dare to buy the dip, everyone? Contract volume surged by 11.99%, sounds impressive but it's just so-so. Spot ETF net inflow is still pretty good, at least it shows someone is putting real money in. Yelling at $2.06, but when it dropped to $1, why didn't you have the same energy?

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ForkTongue

· 01-17 11:43

The phrase "Golden Cross" has become so cliché to me. Every time I hear it, I wonder what the actual result will be? Can XRP really break out this time, or is it just the usual pump-and-dump routine to fleece retail investors? Institutional positioning? I don't buy it. Only $17 million in ETF inflows—do they really have the nerve to boast? Perpetual contracts are growing by 12%. It looks more like retail traders are just chasing orders. At around $2, how much more room for growth is there, brother? Even if the technical signals are strong, they can't withstand a negative news event. Don't be too optimistic. Whether this can hold until next week is still uncertain. A surge in derivatives volume is usually a warning sign. It doesn't look like a good thing to me. Multiple factors resonating? How long will this resonance last?

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