XRP Price Stabilizes at $1.50 as a $14 Million Betting Zone Emerges at $1.40. What Does This Mean?
XRP (XRP-USD) is currently trading at $1.52, placing it just above a major betting zone that could spark a sharp move soon. Traders have placed roughly $14.6 million worth of bets at the $1.40 price level on the Deribit exchange. This specific spot has become a psychological floor for the market as of March 18, 2026. The big question is whether the price can stay above this level or if it will be pulled down by these massive trades.
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Understanding the $14 Million Betting Zone
In crypto, open interest is the total value of active bets. Right now, nearly 25% of all XRP options on the exchange are focused on the $1.40 price. When so many people bet on the same price, it creates a cluster that acts like a magnet. Traders watch this level because it often acts as a pivot point. If the price stays above it, buyers feel safe, but falling below it could lead to a quick sell-off.
The Difference Between Calls and Puts
Traders use two main types of bets, and the money is currently split almost right down the middle:
- Call Options ($6.95M): These are bets that the price will go up.
- Put Options ($7.69M): These are bets that the price will go down.
Since the amounts for both are so close, it shows that the market is in a waiting mode. Neither the buyers nor the sellers are in full control yet.
Why Prices Get “Pinned” to One Spot
As the expiration date for these bets (March 27) gets closer, we often see a phenomenon called pinning. This happens when professional traders and market makers try to keep the price as close to the big betting zone as possible to lower their own risks. This makes the price feel stuck to a certain number. This is common with major currencies, and seeing it with XRP shows it is now being traded by more professional groups.
XRP Price Finds Support at $1.50
Beyond the bets, the price is getting help from a tool called the 50-day EMA. This is just the average price of XRP over the last 50 days. Currently, this average is right at $1.50. Analysts at Mitrade note that “XRP price finds support around the 50-day EMA at $1.50, keeping hopes of a rally intact.” As long as the price stays above this line, the long-term trend still looks good for investors.
At the time of writing, XRP’s price is sitting at $1.5237.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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