$XRP #XRP Futures Open Interest Surges by 32% — Are Traders Bullish or Bearish?
XRP is back in the spotlight as futures open interest spikes by 32%, indicating a surge in trader activity and market anticipation. This significant rise reflects growing interest from both retail and institutional players. But the big question is — what's fueling this move, and are traders leaning bullish or bearish?
While rising open interest often signals fresh capital entering the market, it doesn’t always point to direction. Some traders could be preparing for a breakout, while others might be hedging against potential downside.
XRP price continues to hover in a key range, and all eyes are now on whether it can break resistance or face renewed selling pressure. The next few sessions could offer crucial insight into market sentiment.
What’s your take — is this a setup for a bullish breakout or a bearish trap?
