XRP holds near $1.30 as futures open interest falls to 2.12 billion tokens
- —XRP trades near $1.30, with support at the EMA50 and EMA100 at $1.28 and $1.26
- —Futures open interest fell to 2.12 billion XRP from 2.78 billion on August 15
- —Resistance is the 200-day EMA at $1.36, with RSI at 47 near the midpoint
- —Ripple said XRP's status is legally settled after the SEC case
Why it matters: Falling open interest and weak demand cap XRP's rebound toward $1.50, raising the risk of a break below $1.26 support.
Source: FXStreet Crypto