Key Takeaways:
-
XRP has gained 25% since April 7, and its open interest has risen by 32%.
-
Positive spot market activity contrasts with a neutral futures funding rate, highlighting a tug-of-war between traders.
-
Analysts still have double-digit price targets for XRP.
XRP’s (XRP) price fell to a year-to-date low of $1.61 on April 7, but has gained 25% over the past two weeks as the broader crypto market recovered and XRP open interest surged.
The…
Read the full article here
