XRP hovers near $14 million options battleground that could sway trading
XRP is trading around $1.50, just above a key options cluster at $1.40 on Deribit.
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XRP is trading around $1.50, just above a key options cluster at $1.40 on Deribit.
Spikes in large deposits to exchanges have been associated with increased selling pressure, according to analysts at CryptoQuant.
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Bitcoin briefly surged to a six-week high above $75,000 before quickly retreating, underscoring the fragility of the latest rally.
Volume jumped more than 250% during the move, with traders watching whether former resistance now turns into support.