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Ripple (XRP) Price Analysis: Bear Traders Seize Control as Open Interest Falls Below $5.5B

CoinGape LogoCoinGape15h ago

Ripple (XRP) Price Analysis: Bear Traders Seize Control as Open Interest Falls Below $5.5B - CoinGape

Quick Summary:

XRP price traded lower for a second consecutive day, slipping 2.03% to $2.36 on May 17 amid rising legal uncertainty and bearish derivatives flows.

US District Judge Analisa Torres’ latest ruling in the SEC vs.

Could weak trading volumes trigger further downsizing over the weekend?


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Ripple (XRP) Price Analysis: Bear Traders Seize Control as Open Interest Falls Below $5.5B - CoinGape (Picture 1)

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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-17 @ 22:04:48 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 171 words

Reading Time: 1 minutes read

Sentences: 45 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28768868

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 16 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Ripple (XRP) Price Analysis: Bear Traders Seize Control as Open Interest Falls Below $5.5B" was covered 15 hours ago by CoinGape, a news publisher based in India.

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  • URL: https://apeiron.beamstart.com/news/ripple-xrp-price-analysis-bear-17475194954409

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