via CryptoPotato · By CryptoPotato Editorial
Fake Weakness? Could Ripple (XRP) Be Setting Up for a Violent Move?
XRP/USDT
$1,094,283,119.10
$1.1843 / $1.1248
Change: $0.0595 (5.29%)
+0.0014%
Longs pay
XRP is climbing while the open interest declines. This suggests that short-covering is driving the move.
XRP seems to be showing one of the more interesting derivatives setups amongst the large-cap altcoins at the moment. On the surface, the price is climbing slowly, while the open interest is falling.
Normally, this would…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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