Hit 1.12 is purchase!!!!!!!!!!

Derivatives data around $XRP has weakened. Funding isn’t aggressively positive, open interest behavior shows reduced conviction, and positioning suggests traders are cautious.
When derivatives sentiment softens, price often drifts toward major liquidity zones. $1.12 stands out as a prior demand area where buyers previously stepped in.
This doesn’t mean price must go there. It means structure allows for it.
Key to watch:
• Does open interest rise while price falls? That signals fresh shorts.
• Does OI drop during a decline? That’s long liquidations — often healthier long term.
• Does spot demand respond at key levels?
Derivatives reflect confidence. Right now, confidence looks thin.
If momentum continues to weaken, $1.12 becomes a realistic test.
If buyers defend earlier, the retest narrative fades quickly.
Structure > noise.
#Xrp🔥🔥