📊$XRP
Long and short signals are clashing, and the rebound is meeting resistance! #xrp The current price is around $1.34, under pressure below several moving averages, with the short-term trend looking weak. CoinGlass data shows a long/short ratio of 0.86, favoring shorts and marking a low of more than a month; however, the funding rate has turned positive at 0.0064%, suggesting some traders are still willing to go long. The signals are conflicting. Meanwhile, large whale orders combined with futures selling are adding pressure, while buying support remains insufficient.
Technically, $1.374–$1.375 is strong resistance. Holding above this level could open the way to a move toward $1.54. Short-term support is at $1.337; if it breaks, the price could fall to $1.30, with $1.25 as the next level to watch. RSI is only 44, and MACD is bearish, indicating that the rebound lacks momentum.
Long and short signals are clashing, and the rebound is meeting resistance! #xrp The current price is around $1.34, under pressure below several moving averages, with the short-term trend looking weak. CoinGlass data shows a long/short ratio of 0.86, favoring shorts and marking a low of more than a month; however, the funding rate has turned positive at 0.0064%, suggesting some traders are still willing to go long. The signals are conflicting. Meanwhile, large whale orders combined with futures selling are adding pressure, while buying support remains insufficient.
Technically, $1.374–$1.375 is strong resistance. Holding above this level could open the way to a move toward $1.54. Short-term support is at $1.337; if it breaks, the price could fall to $1.30, with $1.25 as the next level to watch. RSI is only 44, and MACD is bearish, indicating that the rebound lacks momentum.