See my thought was 100% real now see the XRP price!
It was 2.35 now its near 3.00 usdt price
its big big pump
#AltcoinETFsWatch $XRP
XRP Futures Signal Bullish Momentum Amid Rising Open Interest
Futures tied to XRP are showing strong bullish signals as the payments-focused cryptocurrency attempts to build upward momentum.
On Monday, cumulative open interest in XRP perpetual futures across major exchanges briefly rose to 800 million XRP, the highest level since January 19, according to data from Velo. The metric, now at 743 million XRP, is still 33% higher than on June 22, when XRP reached a local bottom at $1.90.
This surge in open interest suggests growing participation in the futures market. Funding rates have remained consistently positive, at times exceeding 10% annualized, which typically reflects increased demand for long positions.
In the Binance XRP/USDT market, the top trader long/short ratio stands at 1.90, meaning there are nearly two long positions for every short, reinforcing the bullish outlook.
Meanwhile, XRP’s spot price has seen limited volatility. After hitting $2.35 on Monday — a level not seen since late May — it quickly pulled back to around $2.25, where it continues to consolidate.
#RubelOnFire #DailyCrypto
XRP Futures Signal Bullish Momentum Amid Rising Open Interest
Futures tied to XRP are showing strong bullish signals as the payments-focused cryptocurrency attempts to build upward momentum.
On Monday, cumulative open interest in XRP perpetual futures across major exchanges briefly rose to 800 million XRP, the highest level since January 19, according to data from Velo. The metric, now at 743 million XRP, is still 33% higher than on June 22, when XRP reached a local bottom at $1.90.
This surge in open interest suggests growing participation in the futures market. Funding rates have remained consistently positive, at times exceeding 10% annualized, which typically reflects increased demand for long positions.
In the Binance XRP/USDT market, the top trader long/short ratio stands at 1.90, meaning there are nearly two long positions for every short, reinforcing the bullish outlook.
Meanwhile, XRP’s spot price has seen limited volatility. After hitting $2.35 on Monday — a level not seen since late May — it quickly pulled back to around $2.25, where it continues to consolidate.
#RubelOnFire #DailyCrypto
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XRP
2.8536
+4.86%