[Flash Crash Warning] XRP -5.21% - XRP drops 5.2% in the past 24 hours; on-chain data reveals concerns
XRP has fallen 5.2% within the past 24 hours, with its current price at $1.38. Among major coins, BTC funding rate is +0.0074%, long/short ratio is 1.042; ETH funding rate is +0.0090%, long/short ratio is 2.381, indicating an overall bullish sentiment in the market. However, XRP’s on-chain data shows that sell pressure is clearly evident—does this signal a further correction?
At present, there is a divergence between XRP’s funding conditions and technical indicators. Investors should be alert to the risks of market volatility.
**Disclaimer: This article does not constitute investment advice. Risks are your own.**
#crypto_trends
XRP has fallen 5.2% within the past 24 hours, with its current price at $1.38. Among major coins, BTC funding rate is +0.0074%, long/short ratio is 1.042; ETH funding rate is +0.0090%, long/short ratio is 2.381, indicating an overall bullish sentiment in the market. However, XRP’s on-chain data shows that sell pressure is clearly evident—does this signal a further correction?
At present, there is a divergence between XRP’s funding conditions and technical indicators. Investors should be alert to the risks of market volatility.
**Disclaimer: This article does not constitute investment advice. Risks are your own.**
#crypto_trends