XRP News: Open Interest Drops $1B as Price Struggles to

Dec 29, 2024  · XRP Open Interest Drops By $1B. Recently, the Open Interest in XRP Futures dropped by a massive $1 billion in the past 24 hours. Just a day before, the Open Interest had surged to $2.9 billion over expectations of a rally. However, as the expectations of an imminent rally faded away, traders began withdrawing their funds.


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XRP News: Open Interest Drops $1B As Price Struggles To

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Dec 29, 2024  · XRP Open Interest Drops By $1B. Recently, the Open Interest in XRP Futures dropped by a massive $1 billion in the past 24 hours. Just a day before, the Open Interest had surged to $2.9 billion over expectations of a rally. However, as the expectations of an imminent rally faded away, traders began withdrawing their funds.

coinpedia.org

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XRP Open Interest Shrinked By $1 Billion In 24 Hours: Here’s Why

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Dec 28, 2024  · XRP Traders Are Uncertain. Open Interest (OI) in XRP Futures dropped by $1 billion in the past 24 hours, signaling a loss of trader conviction. Just a day earlier, OI had surged to $2.9 billion, fueled by expectations of a price rally. However, when these hopes failed to materialize, traders began pulling their money out.

beincrypto.com

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XRP News: Open Interest Drops $1B Amid Struggle To Break …

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Dec 30, 2024  · $1 Billion Open Interest Wiped Out. In a dramatic turn of events, XRP Futures Open Interest dropped by $1 billion in the past 24 hours. Just a day earlier, Open Interest had climbed to $2.9 billion amid hopes of a rally. However, as those expectations dissipated, traders began pulling their funds, signaling a sharp decline in market enthusiasm.

thecurrencyanalytics.com

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XRP Open Interest Shrinked By $1 Billion In 24 Hours: Here’s Why

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Dec 28, 2024  · XRP has been consolidating under key resistance for over a month, frustrating investors as the altcoin struggles to gain upward momentum. This prolonged stagnation has impacted trader confidence, with many opting to step back amid a lack of significant price growth. XRP Traders Are Uncertain Open Interest (OI) in XRP Futures dropped

newsguard.ca

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XRP Open Interest Shrinked By $1 Billion In 24 Hours: Here’s Why

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In Brief XRP Open Interest plunged $1 billion in 24 hours, reflecting growing trader skepticism about a price breakout. Price DAA Divergence signals bearish sentiment, with declining participation and consolidation under $2.73 resistance. XRP risks dropping below $2.00 support but could aim for $3.31 ATH if broader market conditions turn bullish. XRP has been …

vipkhoone.com

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XRP Struggles As Open Interest Drops By $1 Billion: Will A Bullish ...

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Dec 30, 2024  · Open Interest Drops by $1 Billion. In the past 24 hours, XRP Futures Open Interest plummeted by $1 billion, a sharp reversal from the $2.9 billion surge just a day prior. The spike in Open Interest had fueled expectations of a rally, but as optimism waned, traders began withdrawing their funds. This sudden exodus reflects growing bearish ...

chainaffairs.com

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XRP Open Interest Shrinked By $1 Billion In 24 Hours: Here’s Why

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Dec 28, 2024  · XRP has been consolidating under key resistance for over a month, frustrating investors as the altcoin struggles to gain upward momentum. This prolonged s | Bitget crypto news!

bitget.com

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XRP Open Curiosity Shrinked By $1 Billion In 24 Hours: Right …

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Dec 28, 2024  · XRP Open Interest drops $1 billion amid bearish sentiment and consolidation under $2.73. Price recovery hinges on breaking key levels.

cryptovideos.net

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XRP Open Interest Shrinked By $1 Billion In 24 Hours: Here's Why

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Dec 28, 2024  · XRP's price is currently chilling at $2.14, having dipped 1.1% in the last 24 hours. With a market cap of $123 billion, it ranks fourth behind tether (USDT), boasts a global trade volume of $5 billion, and has been bouncing between $2.13 and $2.23 today.

ixfi.com

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XRP Open Interest Shrinks By $1 Billion In 24 Hours: What’s Behind …

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Dec 28, 2024  · When open interest shrinks drastically, it can be a sign of panic selling, profit-taking, or other market-wide events causing traders to exit their positions. Factors Driving XRP’s $1 Billion Open Interest Drop 1. Market Uncertainty and Bearish Sentiment. The sudden reduction in open interest may be linked to the broader uncertainty in the ...

mediahousepress.co.in

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XRP XRP OPEN INTREST SHRINKED BY $1 BILLION IN 24 …

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XRP. XRP OPEN INTREST SHRINKED BY $1 BILLION IN 24 HOURS:HERE WHY. XRP Traders Are Uncertain. Open Interest (OI) in XRP Futures dropped by $1 billion in the past 24 hours, signaling a loss of trader conviction. Just a day earlier, OI had surged to $2.9 billion, fueled by expectations of a price rally.

binance.com

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XRP Open Interest Climbs To $1 Billion: What’s Driving ... - NewsBTC

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Implications Of Rising Open Interest. Data from CoinGlass indicates that open interest in XRP surged to more $1 billion over the weekend before it tumbled to roughly $945 billion at press time. Spot trading volume in the last 24 hours stands slightly above $2 billion. Source: CoinGlass.com

newsbtc.com

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Can XRP Price Avoid Another Dip As Bulls Regain Control?

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Dec 14, 2024  · XRP Avoids Drop Below $2 as Bulls Regain Control 2 mins. By Victor Olanrewaju. 14 December 2024, 10:00 GMT+0000 ... recording an 8% upswing in the past 24 hours. Interestingly, several under-the-radar indicators suggest that XRP’s rally for the year may still have room to grow. Here’s how. ... XRP Open Interest Shrinked by $1 Billion in 24 ...

beincrypto.com

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XRP News: Open Interest Drops $1B Amid Struggle To Break …

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As of 9:07 a.m. UTC on Dec. 30, the global cryptocurrency market capitalization stands at $3.43 trillion, reflecting a 2.8% decline over the past 24 hours. The 24-hour trading volume across the market is $123.37 billion, signaling relatively subdued activity. BTC, ranked #1, is trading at $93,652.80, down 1.

ixfi.com

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1.6 Billion In 24 Hours: XRP Open Interest Returns To Peak Levels

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Dec 4, 2024  · Volatility has continued to rock XRP following its fall from a 24-hour high of $2.72 to a low of $2.361. With the price dropping this low, XRP Futures Open Interest (OI) also nosedived by over 12% within the same period, per data from CoinGlass. Despite this rate fall, XRP OI appears to be returnin…

tradingview.com

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XRP's Bullish Momentum Strongest Since January 2018 As Futures …

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51 minutes ago  · The spot market tally has tripled to over $23 billion in the past 24 hours, validating the price surge. ... XRP's perpetual futures open interest has surged to a record high of 2.34 billion XRP ...

businessinsider.com

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XRP Open Interest Climbs To $1 Billion: What’s Driving Interest In …

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Oct 2, 2024  · A rise in open interest typically indicates increased market activity, suggesting that more contracts are being opened. This may signal expectations of a price move in either direction, depending on the prevailing market sentiment. Notably, XRP’s open interest was last recorded around the $1 billion mark in March 2024.

tradingview.com

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XRP Open Interest Shrinked By $1 Billion In 24 Hours: Here’s Why ...

2 weeks from now

XRP has been consolidating under key resistance for over a month, frustrating investors as the altcoin struggles to gain upward momentum. This prolonged stagnation has impacted trader confidence, with many opting to step back amid a lack of significant price growth. XRP Traders Are Uncertain Open Interest (OI) in XRP Futures dropped by $1 billion in the past 24 hours, …

criptor.net

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XRP Price Drops After Ripple Unlocks 1 Billion Tokens - Coinpedia

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Oct 1, 2024  · Ripple's massive 1 billion XRP token unlock caused a 5% price drop, but XRP's overall trend remains bullish with weekly and monthly gains. ... At the time of writing, XRP is trading at $0.6214, down 5% in the last 24 hours, with intraday lows of $0.611. However, many market analysts predict that XRP could still be on track for a significant ...

coinpedia.org

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XRP Open Interest Explodes, What’s Driving It? - Bitcoinist

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XRP Open Interest Surges Past $1 Billion. ... Amidst the rise in XRP’s Open Interest followed by a 31.5% drop to $684.8 million, ... XRP continues to maintain its price around the $0.5 consolidation area, experiencing a 1.27% value increase in the last 24 hours.

bitcoinist.com

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XRP Price Breakout: What To Expect On January 14th In 24 Hours

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2 days ago  · As such, analysts are currently weighing its price movement over the next 24 hours. Despite a dip to $2.32 on Monday, XRP managed to stay above $2.50. Its current market valuation is $145 billion, with a 3.71% price increase in the past week. According to the data from CoinMarketCap, XRP is now trading at $2.53, with centralized exchange (CEX ...

coinedition.com

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

FAQs about XRP News: Open Interest Drops $1B as Price Struggles to Coupon?

How has XRP changed over the years?

Meanwhile, volumes in derivatives have more than doubled to $34 billion, according to data source Coingecko and Coinglass. XRP's perpetual futures open interest has surged to a record high of 2.34 billion XRP, with funding rates representing the cost of holding leveraged bets hovering around 13%. ...

How much has XRP increased in the last 24 hours?

The price of XRP has increased by 19.47% in the last 24 hours. The chart below shows that Ripple has performed well over the past few days. Moreover, the XRP price has increased by over 143% in the last 7 days. ...

How much has XRP risen in the past 7 days?

Prices have gained 30% in the past seven days alone, lifting the market capitalization to $176.75 billion, the third-highest ahead of stablecoin tether. XRP is witnessing the fastest observed rally since the altcoin boom of January 2018, according to a popular market analysis tool called the relative strength index (RSI). ...

Will XRP reach $10 in the future?

It is inevitable for XRP to reach $10 in the future as new generations invest in the top 10 cryptocurrencies. The XRP market cap is still in its infant stage, and the overall crypto market cap is also in its infant stage. It will eventually reach a point where prices are no longer easily manipulated. ...

Why did XRP drop?

XRP dropped dramatically after the U.S. Securities and Exchange Commission lodged a lawsuit against the San Francisco-based payments firm Ripple. The SEC alleges that Ripple violated federal securities laws by selling XRP cryptocurrency to retail consumers. ...

Will XRP reach $19 by the end of 2022?

If the current trend continues, XRP might reach $19 by the end of 2022, as it overtakes its $4.67 resistance level and climbs higher. ...

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