US EditionXRP open interest sheds $2.4B: Is a price crash next?
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11 Articles
The derivatives market on the XRP has just suffered a major shock: 2.4 billion dollars of open interest evaporated and a 15% fall in price in a few days. This sudden withdrawal of the lever questions. Is it necessary to see a simple adjustment or the beginning of a deeper reversal? While some continue to bet on an upswing, the technical signals become blurred and give way to doubt. Does the XRP enter a zone of prolonged turbulence? The XRP artic…
XRP Traders Pull Back $2.4B—Brace For Impact Or Buy the Dip?
According to recent reports, XRP slid about 15% after peaking at $3.66 on July 18, wiping out roughly $2.4 billion in open futures positions. That sharp drop has traders debating whether to hunker down or scoop up XRP near the $2.60 mark. Rally Driven By Big Bets XRP’s surge from $2.17 on July 1 to $3.66... The post XRP Traders Pull Back $2.4B—Brace For Impact Or Buy the Dip? appeared first on Daily Truth Report • DailyTruthReport.com.
XRP Open Interest Drops By $2.4B After Recent Selloff – #CryptoUpdatesGNIT
Key takeaways: XRP open interest remains elevated despite the recent drop, suggesting traders are still holding leveraged positions. Low onchain activity on the XRP Ledger raises doubts about sustainable price gains above the $3 resistance level. XRP (XRP) has fallen 15% since reaching $3.66 on July 18. This move was accompanied by a $2.4 billion drop in XRP futures open interest, a metric that reflects the total value of outstanding leveraged p…
XRP open interest sheds $2.4B: Is a price crash next? – DG Verifications & Stats
XRP futures data shows neutral sentiment despite the altcoin’s double-digit price drop from $3.66. Altcoin Watch Key takeaways: XRP open interest remains elevated despite the recent drop, suggesting traders are still holding leveraged positions. Low onchain activity on the XRP Ledger raises doubts about sustainable price gains above the $3 resistance level. XRP (XRP) has fallen 15% since reaching $3.66 on July 18. This move was accompanied by …
XRP Price Starts Recovery Move – Will It Lead to a Bullish Reversal?
XRP price started a downside correction below the $3.20 zone. The price is now attempting a recovery and might aim for a move above the $3.180 level. XRP price started a fresh pullback below the $3.20 zone. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3.120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start ano…
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