Quick Facts:
1️⃣ Ripple ($XRP) rebounded above $2.50, with surging Futures Open Interest at $3.8B, signaling renewed investor confidence.
2️⃣ Sustained price action above $2.50 and a bullish MACD crossover suggest upward momentum, with resistance at $2.61–$2.70.
3️⃣ As XRP leads a broader altcoin recovery, investors are eyeing $PEPENODE — the native token of a gamified mine-to-earn ecosystem with a dynamic 674% APY.
On October 21, XRP ($XRP) rose above $2.50, alongside Bitcoin and Ethereum, rebounding from an intraday low of $2.40 — a price action that reflects improving investor confidence in altcoins amid recent market volatility.
In another positive development, the $XRP derivatives market is also stabilizing, as the Futures Open Interest (OI) has recovered to $3.8B from $3.5B on Sunday. Rising OI indicates more investors are opening positions, yet another sign of renewed market participation.
Looking back, the last OI peak occurred in mid-July, right after $XRP hit $3.66. Comparing that pattern with the current one, sustained OI increases often precede strong price rallies.
While the $XRP price action looks broadly positive, its funding rate suggests a short bias. Case in point, the OI-weighted funding rate dropped from 0.0068% to 0.0038%, indicating a neutral to bullish sentiment.
Moreover, technicals don’t lie — here’s what they’re flashing:
- $XRP is sticking close to $2.50, marking its fourth consecutive day of gains since Friday’s dip to $2.18 — signaling sustained price recovery, less likely for another sharp correction.
- The MACD (12,26) is at −0.13043 (the blue line crosses above the red line). A crossover often precedes upward momentum, indicating an early price recovery zone.
- The 200-day EMA is currently at $2.61, marking the first significant resistance, followed by $2.70. If the bulls manage to push the token above $2.70, it may validate a bullish breakout, setting the stage for a rally toward $3.
As $XRP hints at a potential bullish phase for altcoins, investors are looking for the next crypto to explode to redirect their funds while the market regains momentum.
PEPENODE ($PEPENODE) emerges as a strong contender by merging meme culture with actual utility through its gamified mine-to-earn ecosystem.
$PEPENODE Redefines Meme Coins With Gamified Virtual Mining
Unlike most meme coins that rely purely on community excitement and hype, PEPENODE ($PEPENODE) is an ERC-20 token that introduces a new and engaging way to mine memecoins through its gamified virtual mining setup.
Curious how it all works?
You begin with an empty virtual server room that you can fill with mining nodes to start mining. That’s where you’ll need $PEPENODE to buy your mining nodes.
The game is all about creating the ultimate rig to boost your yield using a strategic combination of nodes.
Now imagine the rush — your strategy and smart play could literally decide your profits.
With $PEPENODE, you’re always in control. If you wish to scale up, you can add more nodes and grow your gains. If you wish to step back, that’s possible too as you can sell them anytime and reclaim your $PEPENODE.
If you’re guessing a gamified mining ecosystem like this is about to make serious waves — You’re spot on!
The project has already raised $1.9M in its presale with one token today sitting at 0.0011138.
Whales are flocking towards the project stacking their bags with $PEPENODE worth $94.1K, underscoring their growing confidence in the project’s long-term potential.
You’re probably asking — what kind of potential?
According to our $PEPENODE price prediction, the token could climb to $0.0023 by the year’s end $0.0072 in 2026. That’s a 105% short-term gain and a 546% long-term return. You can also stake your tokens for 674% APY, adding another profit margin.
With the market recovering, can you really afford to sit this kind of potential out?
Don’t wait — lock in your $PEPENODE before the next price spike.
Authored by Ben Wallis, Bitcoinist – https://bitcoinist.com/xrp-bulls-ride-risk-on-sentiment-pepenode-next-pump
