Ripple's XRP hit a year-to-date high of $1.63 but has since declined to $1.44, with traders opening short positions amid fading bullish momentum. Open interest has dropped by 9%, and the Long/Short ratio is at 0.96%, with 51% of positions shorting XRP. This bearish sentiment suggests a potential price correction to $1.15. A shift in market sentiment could invalidate this outlook and push XRP back toward $1.63. #XRP #Ripple #Crypto #MarketAnalysis