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Breaking: ADA faces a technical hurdle near $0.25 as whales accumulate, with smart money leaning toward buying and a potential move to $0.30 by June if Bitcoin's trend cooperates. $ADA
ADA-1.01%
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XRP is trading sideways amid declining retail and institutional activity:
Investor demand for XRP derivatives remains weak, with the average open interest trading volume at $2.57 billion on Friday. The open interest has remained relatively stable at this level since Monday, after declining from $2.80 billion, its highest monthly level. As a result, maintaining XRP's recovery may be challenging, making this digital asset highly susceptible to selling pressure.
Daily trading data for XRP futures contracts | Source: CoinGlass
Meanwhile, interest in spot XRP exchange-traded funds (ETFs) has slowed
DOGE-1.33%
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XRP is trading sideways with declining retail and institutional activity:
Demand for XRP derivatives from retail investors remains weak, with the average open interest trading volume at $2.57 billion on Friday. The open interest has remained relatively stable at this level since Monday, after declining from $2.80 billion, its highest monthly level. Accordingly, maintaining XRP's recovery may be challenging, making this digital currency highly susceptible to selling pressure.
Daily trading information for XRP futures contracts | Source: CoinGlass
Meanwhile, interest in spot XRP exchange-traded
XRP-1.97%
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