XRP eyes breakout above $1.42 as traders increase long exposure

Key takeaways XRP is approaching $1.40 after defending short-term support at $1.38. Futures open interest edged up to 2.24 billion XRP, indicating a modest increase in derivatives exposure. The open-interest-weighted funding rate remains positive at 0.01%, showing that bullish traders are paying to maintain long positions. A daily close above $1.42 could open the path […] The post XRP eyes breakout above $1.42 as traders increase long exposure appeared first on CoinJournal.