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XRP Price Holds Above $1.29 as Futures Leverage Resets

XRP open interest fell from $1.128B to $871.22M, but positive funding, ETF inflows and $1.29 price support leave the outlook unresolved.

XRP value trades close to $1.30, going up by as little as 1%, even as open curiosity throughout its derivatives market has fallen from $1.128 billion in August to $871.22 million now, a decline of greater than $250 million in underneath a month.

That hole between a resilient spot value and a shrinking futures ebook forces a selected query: is that this a real retreat of bullish conviction, or a leverage reset taking place alongside regular spot demand?

XRP open interest fell from $1.128B to $871.22M, but positive funding, ETF inflows and $1.29 price support leave the outlook unresolved.

The publish XRP Price Holds Above $1.29 as Futures Leverage Resets appeared first on Cryptonews.

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