Market News / Story
XRP Down 10% in a Week: What's Going On?
Benzinga ·
Benzinga reports: XRP has dropped 10% over the past seven days, but a potential bullish recovery setup may be forming Trader Cryptoinsightuk noted on Thursday that aggregated open interest dropped 4.6% in token terms and 8.6% in dollar terms, suggesting leveraged positions are being closed. The decline is significant compared to the relatively smaller price movement. Other notable factors for traders to decide next move: Rising spot trading volume indicates buyers could be stepping in…