Markets· ★★· neutral·

XRP holds $1.50 as Binance reserves slip to 2.69 billion tokens

  • —XRP trades at $1.51, above its 50-, 100- and 200-day EMAs
  • —Binance XRP reserves fell to 2.69 billion from 2.7 billion
  • —Perpetual futures open interest dropped to 3.5 billion XRP from 3.7 billion
  • —RSI near 58 and MACD marginally positive
Why it matters: Falling exchange reserves point to easing sell pressure, but declining open interest caps the upside toward September highs at $1.66.
Source: FXStreet Crypto