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XRP On Cusp of All-Time High as Open Interest Hits Record $5.99B Amid Whale Activity

TheNewsCrypto LogoTheNewsCrypto20h ago

XRP On Cusp of All-Time High as Open Interest Hits Record $5.99B Amid Whale Activity - TheNewsCrypto

Quick Summary:

XRP’s recent price action represents a significant technical breakthrough as the cryptocurrency finally overcomes the stubborn $2.73 resistance level that has contained price action for the past month.

XRP now stands just 16% away from its historic high of $3.31, though the path forward may be complicated by evolving whale behavior.

A failure to hold this level could trigger a retreat to $2.18, where XRP previously consolidated.

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XRP On Cusp of All-Time High as Open Interest Hits Record $5.99B Amid Whale Activity - TheNewsCrypto (Picture 1)XRP On Cusp of All-Time High as Open Interest Hits Record $5.99B Amid Whale Activity - TheNewsCrypto (Picture 2)

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Article Details

Author / Journalist: Vignesh k

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 22:30:00 (20 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 246 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 25186755

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About TheNewsCrypto

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Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 12 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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The story "XRP On Cusp of All-Time High as Open Interest Hits Record $5.99B Amid Whale Activity" was covered 20 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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The outlet is headquartered in United Arab Emirates and publishes an average of 12 news stories per day.

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  • URL: https://beamstart.com/news/xrp-on-cusp-of-all-17370019269782

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