Indicator Notes｜$XRP ｜15-minute open interest +1.81%｜Price -0.38%
Definition: Open interest and trading volume are two different things: trading volume measures how much has changed hands over a period of time, while open interest shows how many positions are still open right now.
A common interpretation: Rising prices with rising open interest are often read as new long positions entering actively; falling prices with rising open interest are often seen as new short positions entering actively.
Indicators can fail, so don’t skip stop-losses: Think first about what you’ll do if you’re wrong—that matters more than guessing correctly.
Definition: Open interest and trading volume are two different things: trading volume measures how much has changed hands over a period of time, while open interest shows how many positions are still open right now.
A common interpretation: Rising prices with rising open interest are often read as new long positions entering actively; falling prices with rising open interest are often seen as new short positions entering actively.
Indicators can fail, so don’t skip stop-losses: Think first about what you’ll do if you’re wrong—that matters more than guessing correctly.