XRP Open Interest Rises 36% in Two Weeks Amid Market Volatility
XRP is trading above key support levels after a 35% increase since March 11. The rise follows intense volatility due to macroeconomic concerns and trade war fears. Traders are closely monitoring XRP's performance amid a fragile altcoin sentiment.
- Capital in XRP futures has increased by 36% over two weeks, indicating rising trader confidence.
- XRP must hold current levels and push past resistance zones to maintain momentum.
- Current trading price is $2.35, facing resistance at $2.60.
- A failure to maintain the $2.25 support could lead to a decline towards $2.
Market conditions remain uncertain, with potential for a breakout or pullback based on upcoming price actions.
