$XRP #Futures Trading
Long Alert | XRP Funding Rate Change
Current funding rate: -0.0101% (shorts pay, longs receive)
Previous funding rate: +0.0100% (longs pay, shorts receive)
Funding rate change: -0.0201%
Funding rates for shorts are becoming increasingly negative, and shorts are building positions
Market makers may be hunting shorts
Current price: 1.4606
Trigger level: 1.5237
Invalidation level: 1.4198
Levels to watch: 1.5482 / 1.6359
Market signals: Current funding rate -0.0101% (shorts pay, longs receive) / Previous funding rate +0.0100% (longs pay, shorts receive) / Funding rate change -0.0201% / Funding rates for shorts are becoming increasingly negative, and shorts are building positions / Market makers may be hunting shorts
Sustained changes in funding rates indicate that positioning is becoming skewed to one side. You can position early for a long trade; the invalidation level is the stop-loss level.
Long Alert | XRP Funding Rate Change
Current funding rate: -0.0101% (shorts pay, longs receive)
Previous funding rate: +0.0100% (longs pay, shorts receive)
Funding rate change: -0.0201%
Funding rates for shorts are becoming increasingly negative, and shorts are building positions
Market makers may be hunting shorts
Current price: 1.4606
Trigger level: 1.5237
Invalidation level: 1.4198
Levels to watch: 1.5482 / 1.6359
Market signals: Current funding rate -0.0101% (shorts pay, longs receive) / Previous funding rate +0.0100% (longs pay, shorts receive) / Funding rate change -0.0201% / Funding rates for shorts are becoming increasingly negative, and shorts are building positions / Market makers may be hunting shorts
Sustained changes in funding rates indicate that positioning is becoming skewed to one side. You can position early for a long trade; the invalidation level is the stop-loss level.