Source: Coindesk.com
An increase in both OI and prices typically indicates that new money is entering the market — indicative of a bullish trend. On the other hand, if the price rises but OI falls, the rally might be driven by short covering rather than new buying, potentially signaling a weaker trend.
XRP prices zoomed above $1.20 in U.S.
Read More https://www.coindesk.com/markets/2024/11/17/xrp-sees-record-futures-bets-amid-price-surge-above-120/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The post "XRP Sees Record Futures Bets Amid Price Surge Above $1.20" appeared first here Coindesk.com.
Source: Coindesk.com
