Monero Price Prediction: XMR Rally Faces Leverage Risk as Open Interest Tops $300 Million

The post Monero Price Prediction: XMR Rally Faces Leverage Risk as Open Interest Tops $300 Million appeared first on Coinpedia Fintech News

Monero price is approaching a critical test as a strong rally collides with rising leverage in the derivatives market. XMR traded near $635, up approximately 2.56%, after recovering sharply from its summer lows. However, the latest rise comes as futures open interest has climbed above $300 million, a level that previously coincided with heightened volatility. …