XRP Jumps 8.3% to $1.49 as Binance Inflows Surge 663% and Open Interest Hits $3.37B
- —XRP gained 8.3% to $1.49, clearing the 200-week EMA at $1.37
- —Average daily XRP inflows to Binance hit 21.7 million tokens in the week to September 18, up 663% vs the quarterly average
- —XRP open interest reached $3.37 billion, the highest since August 28
- —XRP ETFs logged a 10th straight week of inflows, adding $41.85 million in September
Why it matters: The 200-week EMA breakout and rising open interest could signal a trend shift, but exchange inflows and a short-heavy positioning skew leave room for a pullback to $1.34.
Source: CoinGape