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

Dec 29, 2024 · While XRP’s price has dropped by 20% over the past month, but it has managed to hold above the $2.00 support level. However, it still remains under the crucial resistance …

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

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Dec 29, 2024 · While XRP’s price has dropped by 20% over the past month, but it has managed to hold above the $2.00 support level. However, it still remains under the crucial resistance …

coinpedia.org

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XRP Open Interest Falls By $1 Billion; Price Remains Unaffected

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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 …

beincrypto.com

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Why XRP Is Soaring Today - The Motley Fool

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1 day ago · The cryptocurrency's token price was up 8% over the previous 24 hours of trading as of 5:30 p.m. ET. Meanwhile, the price of Bitcoin was up 4.5%, and the price of Ethereum was …

fool.com

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Is The XRP Price Decline Going To Continue? - BeInCrypto

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Nov 24, 2024 · Ripple Traders Bet on a Price Drop. A drop in its open interest has accompanied XRP’s price decline over the past 24 hours. Per Coinglass data, this sits at $2.52 billion, falling …

beincrypto.com

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XRP Crash Incoming? Price Fails To Hold $2.20 Level - Coinpedia

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Dec 26, 2024 · XRP’s open interest has dropped by 31%, hinting at the liquidation of traders' positions. XRP could drop by 14% to reach the $1.88 mark if it closes a daily candle below the …

coinpedia.org

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XRP Price Soars To 43-month Highs, But Is The Rally Over For Now?

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Nov 30, 2024 · XRP derivatives market has witnessed a 37% increase in open interest (OI) in the past 24 hours, hitting a record high of $3.19 billion, signaling heightened speculative activity in …

cointelegraph.com

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XRP Price Is Up — So Why Is Open Interest Still Falling?

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Now that XRP has bounced back above $0.5, it has a chance to recover and aim for $1 over the remaining weeks in February. XRP Price Rally Imminent. An 11% bump in the 24-hour trading …

cryptonews.net

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XRP Price Is Up — So Why Is Open Interest Still Falling?

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Nov 9, 2024 · XRP Price Is Up — So Why Is Open Interest Still Falling? 09 November 2024. XRP price suffered a huge 30% plunge from its Q4 high of $0.7, but it seems to be turning the …

bitexes.com

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XRP Open Interest Crosses $1b As Traders Target $0.75 Price Rally

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Mar 26, 2024 · Ripple (XRP) has been on an upward trajectory over the past week, mirroring the broader mega-cap crypto market trend. XRP open interest crosses $1 billion for first time in …

crypto.news

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XRP Price Is Up — So Why Is Open Interest Still Falling?

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Feb 9, 2024 · XRP price suffered a huge 30% plunge from its Q4 high of $0.7, but it seems to be turning the corner. Investors were nervous when XRP fell below $0.5, a crucial support level. …

cryptotalkies.net

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Can XRP Surpass $1? Key Resistance And Open Interest Surge …

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Oct 28, 2024 · The price of XRP has risen by 1.5% in the past 24 hours, with its move to $0.5192 coming as the alt witnesses a steady increase in open interest today. XRP is now down by …

cryptonews.com

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XRP Open Interest Tops $2.1B; Are Bulls Still In Charge?

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Futures open interest (OI) for XRP reached a record $2.10 billion. XRP’s price jumped another 8% in 24 hours, bringing its 30-day surge to 108%. The rally coincided with a legal challenge …

cryptopolitan.com

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XRP Open Interest Sees Positive Shift In 1 Hour, Here's Likely Impact

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Dec 21, 2024 · Implications of Open Interest spike. Bitget has 27.23% of the Open Interest with $533.26 million. Together with Binance, these two exchanges account for approximately 70% …

u.today

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Why XRP Is Going Down: 8% Drop Explained! - Coinpedia

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Dec 9, 2024 · XRP, the cryptocurrency closely associated with Ripple, experienced a sharp 8% drop today, bringing its price down to $2.36. This unexpected dip, the steepest in over two …

coinpedia.org

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Ripple (XRP) Price Forecast: $380M Open Interest Might Trigger

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Jan 30, 2024 · The chart below shows that while XRP price has gained 10% between Jan 25 to Jan 30, the Open Interest has actually trended downward from $386 million to $380 million …

nasdaq.com

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XRP Leads Crypto Weekend Gains Fueled By Surging Open Interest

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Sep 29, 2024 · XRP price was up 5% to trade at $0.6278 on Sept. 29.This is part of a prevailing recovery that began on Sept. 6 and has seen the remittance token rise more than 10% over …

cointelegraph.com

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XRP Price Eyes $3.31 ATH As Traders Add $1.6 Billion This Week

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4 days ago · XRP’s market sentiment has seen a boost, with open interest increasing significantly by $1.6 billion this week. Rising from $2.71 billion to $4.30 billion, this growth highlights the …

beincrypto.com

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

Why did XRP's price drop 9% over the past 24 hours?

A drop in its open interest has accompanied XRP’s price decline over the past 24 hours. Per Coinglass data, this sits at $2.52 billion, falling by 9% during that period. Open interest refers to the total number of active contracts in a derivatives market, such as futures or options, that have not been settled. ...

Will XRP price decline?

This analysis explores the recent activity in the token’s futures market and assesses the likelihood of a continued XRP price decline. A drop in its open interest has accompanied XRP’s price decline over the past 24 hours. Per Coinglass data, this sits at $2.52 billion, falling by 9% during that period. ...

What does XRP open interest mean?

When open interest drops as an asset’s price falls, traders are closing their positions to lock in profits or minimize losses, indicating reduced market participation. In XRP’s case, this suggests waning confidence in the continuation of the uptrend and hints at a sustained reversal in the asset’s price movement. XRP Open Interest. ...

Will XRP go down?

Technical analysis indicates a potential for further short-term decline as XRP has broken below key support levels. XRP, the cryptocurrency closely associated with Ripple, experienced a sharp 8% drop today, bringing its price down to $2.36. ...

Why did XRP price drop in 2025?

A key factor behind the price drop is the upcoming monthly token unlock for XRP. On January 1, 2025, Ripple will release 1 billion XRP tokens as part of its operational funding strategy. Historically, such events increase selling pressure, which makes traders cautious about price stability. ...

Why did XRP drop so much?

XRP’s drop became even worse due to a surge in liquidations. In the past 24 hours, over $14.5 million worth of long positions on XRP were liquidated. This was part of a broader $358 million sell-off across the crypto market, which triggered a ripple effect, pushing prices down further. ...