XRP’s futures open interest has dropped to $3.48 billion from the year-to-date high of over $10 billion. A decline in open interest is a sign of low market demand and liquidity.
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Editor’s Analysis
XRP price shows bottoming signs as bullish chart patterns emerge continues to draw attention due to its market movement and investor sentiment. While this news is significant, it’s important to consider long-term fundamentals and avoid reacting solely based on short-term hype.
This content is for informational purposes only and should not be taken as financial advice.
Credit Map: Crispus Nyaga
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