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XRP Price: Down 68% From Its High — So Why Are So Many Traders Going Long?

By Trader Edge at 2026-08-17 05:53

Sentiment: Unknown

TLDR XRP dropped to a day low of $0.98 and is trading around $1, down 68% from its yearly high of $3.65 Futures open interest climbed to $2.78 billion, up 2% in 24 hours, with trading volume surging 55% Binance and OKX traders are heavily long, with a 3.6-to-1 long-to-short ratio on both exchanges Social [...] The post XRP Price: Down 68% From Its High — So Why Are So Many Traders Going Long? appeared first on CoinCentral. Continue reading...

Categories: Analysis

Tags: #Analysis

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