Analysis Firm Warns About XRP and DOGE – “Speculative Positions...”

By: bitcoin sistemi|2025/05/15 13:30:07
0
Share
copy
While speculative positions in XRP and Dogecoin (DOGE) futures contracts are increasing rapidly in the cryptocurrency market, the loss of momentum in spot prices is noteworthy.This situation shows that investors have started to use more leverage to counter the increased volatility appetite and downside risks.According to data shared by on-chain analytics firm Glassnode, DOGE futures open interest increased by 63.9% in the last week, from $989 million to $1.62 billion. During the same period, the DOGE price gained about 40%, rising above the $0.23 level.Related News: Seasoned Analyst Evaluates ETH, XRP, DOGE and SOL - Where Are Critical Resistance and Supports?“This divergence shows that speculative positioning continues despite weakening price momentum. This situation should be monitored carefully,” Glassnode said in a statement on social media platform X.A similar trend is observed on the XRP front. Open interest in XRP futures increased by 41.6% in a week, from $2.42 billion to $3.42 billion. However, the increase in the XRP price was more limited compared to DOGE, rising from $2.14 to $2.6.Glassnode’s data also shows a remarkable movement in the Bitcoin spot market. Bitcoin’s 7-day moving average spot trading volume increased, reaching $5 billion as of yesterday. This increase represents a “net buying” demand that has only been seen a few times this year. Analysts say this shows that the psychological threshold of $100,000 is supported by real spot buying.*This is not investment advice. Continue Reading: Analysis Firm Warns About XRP and DOGE – “Speculative Positions...”

You may also like

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis

With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.

Zuckerberg is building an AI agent to help him as CEO

Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?

For Marc Syz, this is both a bet on the digital asset track and a complete break from Switzerland's long-established private banking dynasty.

Zuckerberg is building an AI assistant to help him be CEO

Mark Zuckerberg has been reportedly personally developing a "CEO Proxy" to speed up information flow and reduce management layers.

Popular coins

Latest Crypto News

Read more