Markets· ★★★· bearish·

XRP slips to $1.38 as Binance futures open interest hits 8-month high

  • —XRP trades at $1.38, down 2.48% daily and 8.28% weekly
  • —30-day average XRP futures open interest on Binance hit $511 million, an 8-month high
  • —Daily open interest fell to $467 million with a Z-score near -0.99
  • —XRP RSI at 43.28 below its 49.61 moving average, MACD below signal line
Why it matters: A break below $1.30 support could expose XRP to $1.20, while reclaiming $1.50 would improve the short-term setup.
#XRP
Source: crypto.news
More on this
Markets · Oct 7
XRP Whale Outflows From Binance Hit 1.38B Coins, a Seven-Month High
 Markets · Oct 6
XRP futures volume hits six-month high in September with $32B on Binance
 Markets · Oct 8
Pi Network slips 1% as futures open interest drops 14%, $0.0801 support at risk