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XRP remains below $2.00 amid increasing bearish risks, waning retail demand
Ripple (XRP) is trading between a key support at $1.82 and resistance at $2.00 at the time of writing on Thursday, reflecting the lethargic sentiment in the broader cryptocurrency market. Despite the cross-border token holding above the immediate support, which was also tested on November 21, the overall outlook remains bearish, as reflected by waning retail interest. XRP is facing a significant drop in retail interest, which is negatively affecting the derivatives market and, on a larger scale, triggering frequent sell-offs. CoinGlass data shows futures Open Interest (OI) at $3.31 billion on Thursday, down from ... (full story)
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