$XRP 15 5-minute open interest increased by 1.81%, while the price fell by 0.38%.
When open interest clusters around a certain price level, that area usually becomes the fiercest battleground between bulls and bears.
A genuine trend requires a series of swing highs and lows to confirm it; one or two candlesticks are just an early hint.
Don't use this as a basis for trading.
When open interest clusters around a certain price level, that area usually becomes the fiercest battleground between bulls and bears.
A genuine trend requires a series of swing highs and lows to confirm it; one or two candlesticks are just an early hint.
Don't use this as a basis for trading.