XRP Update: Open Interest Drops $1B as Price Struggles
XRP has been stuck below a key resistance level for weeks, leaving traders frustrated.
In the past 24 hours, Open Interest in XRP futures fell by $1 billion, showing less confidence in a price rally.
XRP is holding above $2.00 support but struggles to break $2.74 resistance. Analysts say it could rise to $3.5 if the market turns positive, but for now, XRP is in a slow phase.
Will it recover or drop further?
Stay tuned!