XRP returns to $1.42 after 7% bounce, open interest tops $1B
- —XRP rose to $1.42, with an intraday high of about $1.44
- —Trading volume reached $5 billion, 75% above the previous day
- —Open interest rose 16% to $1 billion, funding at 0.009
- —XRP reserves on Binance reached 2.643 billion tokens
Why it matters: The $1.42 level has repeatedly rejected price; a close above it would open the path to $1.47 and $1.52, while losing $1.35 would refocus attention on $1.25–1.27.
Source: Coindoo