
XRP fails to break $2.73 as $1 Billion vanishes from Futures market
XRP’s prolonged consolidation below the critical $2.73 resistance level has eroded market confidence, resulting in a staggering $1 billion withdrawal of capital from the Futures market.
As XRP faces bearish sentiment, its failure to breach this crucial barrier has sparked skepticism among traders, as any near-term recovery prospects are now severely jeopardized.
Recent data paints a bleak picture: Over the past 48 hours, the token’s Futures Open Interest has plummeted by a massive $1 billion, highlighting an unprecedented decline in investor conviction.
Source: ambcrypto.com