Sentiment alert: The long/short account ratio for $XRP across all platforms is 2.7, meaning there are more accounts holding long positions.
A long-biased ratio doesn’t mean the price will rise immediately, just as a short-biased ratio doesn’t mean it will fall immediately. It’s more like a measure of how crowded a position is.
A long-biased ratio doesn’t mean the price will rise immediately, just as a short-biased ratio doesn’t mean it will fall immediately. It’s more like a measure of how crowded a position is.