XRP price slips to $1.34 as futures flash conflicting signals: is $1.25 next?#CryptoNewss
$XRP
$XXII.US
$XLM
#Market_Update XRP remains under pressure on Thursday as buyers struggled to build on their recent recovery attempts.
XRP is trading around $1.34, below a cluster of key moving averages. Mixed derivatives positioning and subdued momentum suggest traders remain cautious about a sustained rebound.#MarketMoves
The asset is facing selling pressure in its futures markets, although positive funding rates indicate that some participants continue to position for higher prices.#MarketSentimentToday
Derivatives positioning shows conflicting signals
CoinGlass data showed XRP’s on Thursday, approaching its lowest level in more than a month.
Ratios below one indicate a greater share of short positioning within the measured accounts, suggesting a bearish tilt. XRP’s lower reading points to a more pronounced imbalance, with sellers starting to dominate the market.
Funding rates, however, tell a different story.XRP's funding rate turned positive on Monday and reached 0.0064% on Thursday.
Positive funding means traders holding long
perpetual futures positions are paying those
holding shorts. That reflects continued demand for bullish exposure, even as the long-to-short ratios lean bearish.
The divergence leaves positioning mixed and offers limited confirmation that either token's recovery has established a stronger footing.
CryptoQyant's market summary,also
highlighted conditions that could constrain a rebound.
For XRP, CryptoQuant identified large whale orders and heating conditions across spot and futures markets, alongside sell-side
dominance in futures trading.
Large orders alone do not establish market
direction, but their presence alongside
stronger selling activity adds to the cautious outlook.
$XRP
$XXII.US
$XLM
#Market_Update XRP remains under pressure on Thursday as buyers struggled to build on their recent recovery attempts.
XRP is trading around $1.34, below a cluster of key moving averages. Mixed derivatives positioning and subdued momentum suggest traders remain cautious about a sustained rebound.#MarketMoves
The asset is facing selling pressure in its futures markets, although positive funding rates indicate that some participants continue to position for higher prices.#MarketSentimentToday
Derivatives positioning shows conflicting signals
CoinGlass data showed XRP’s on Thursday, approaching its lowest level in more than a month.
Ratios below one indicate a greater share of short positioning within the measured accounts, suggesting a bearish tilt. XRP’s lower reading points to a more pronounced imbalance, with sellers starting to dominate the market.
Funding rates, however, tell a different story.XRP's funding rate turned positive on Monday and reached 0.0064% on Thursday.
Positive funding means traders holding long
perpetual futures positions are paying those
holding shorts. That reflects continued demand for bullish exposure, even as the long-to-short ratios lean bearish.
The divergence leaves positioning mixed and offers limited confirmation that either token's recovery has established a stronger footing.
CryptoQyant's market summary,also
highlighted conditions that could constrain a rebound.
For XRP, CryptoQuant identified large whale orders and heating conditions across spot and futures markets, alongside sell-side
dominance in futures trading.
Large orders alone do not establish market
direction, but their presence alongside
stronger selling activity adds to the cautious outlook.