XRP unwound contracts reached $3.43 billion in the past 24 hours, marking a 0.6% increase. This surge comes as the fear and greed index presents mixed signals, reflecting market uncertainty. XRP has remained below its 50-week moving averages for 70 days, a pattern seen in previous years. Historically, XRP has experienced significant rebounds following similar periods of stagnation, with increases of 211% in 2017, 70% in 2021, and 850% in 2024. Analysts are closely monitoring the situation for signs of a potential market reset.