XRP Open Interest Spike in Response to Ripple-SEC Developments

Crypto Blog

After making a comeback above $0.50 yesterday, XRP noted a mild decline from the level in the past 12 hours or so.

This surge in OI suggests that investors are increasingly opening positions anticipating a rise in XRP’s price, according to CryptoQuant’s latest While this trend could be indicative of bullish investor sentiment, it could also pave the way for potential volatility in the market.

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