XRP Rebounds To $1.31 But Sellers Remain In Control

28m ago•

Cointribune

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The scene illustrates XRP's struggles to break through the $1.30 resistance level while open interest on futures markets declines. At the center, a powerful bull attempts to break through a concrete wall, symbolizing buyers' efforts to push the price higher. The gigantic XRP coin serves as a reminder of the asset in question. In the background, hesitant charts reflect market uncertainty. On the right, descending red bars represent the drop in open interest on futures contracts. In the foreground, concerned traders observe the situation. Overall, it highlights a weakening of speculative momentum.

XRP is trying to hold the $1.30 threshold after several sessions of decline, while open interest on futures contracts remains below $3 billion. The decrease in leverage reduces the risk of cascading liquidations, but it does not yet confirm a sustained return of buyers.

L’article XRP Rebounds To $1.31 But Sellers Remain In Control est apparu en premier sur Cointribune.

28m ago•

Cointribune

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