📊 Bullish Derivatives Signal for
$XRP
$XRP futures open interest has climbed to 1.66 billion XRP, reflecting a 2.56% increase over the past 24 hours. This means a significant amount of capital is currently positioned in unsettled futures contracts.
Rising open interest typically indicates growing participation and conviction among derivatives traders — especially during periods of broader market recovery attempts.
After a volatile February that saw XRP briefly dip to $1.11, price is now holding above the $1.40 level.
The key question:
Is this expansion in open interest the early stage of a sustained upside move, or could it increase the risk of a volatility spike if positions become overcrowded?
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