Press ESC to close

XRP futures open interest surges by 32% — Are traders bullish or bearish?

Cointelegraph.com NewsKey Takeaways: XRP has gained 25% since April 7, and its open interest has risen by 32%.Positive spot market activity contrasts with a neutral futures funding rate, highlighting a tug-of-war between traders.Analysts still have double-digit price targets for XRP.XRP’s (XRP) price fell to a year-to-date low of $1.61 on April 7, but has gained 25% over the past two weeks as… 

​Key Takeaways: XRP has gained 25% since April 7, and its open interest has risen by 32%.Positive spot market activity contrasts with a neutral futures funding rate, highlighting a tug-of-war between traders.Analysts still have double-digit price targets for XRP.XRP’s (XRP) price fell to a year-to-date low of $1.61 on April 7, but has gained 25% over the past two weeks as… 

Leave a Reply

Your email address will not be published. Required fields are marked *