XRP slide as bearish derivatives data limits recovery
XRP's long-to-short ratio of 0.83 and negative funding rate reflect bearish positioning. Ripple (XRP) remains under pressure on Thursday after falling more than […]
Useful takeaways from this story.
XRP's long-to-short ratio of 0.83 and negative funding rate reflect bearish positioning.
On-chain data shows sell-side dominance in XRP's market.
Ripple (XRP) remains under pressure on Thursday after falling more than […]
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The useful part
XRP's long-to-short ratio of 0.83 and negative funding rate reflect bearish positioning. Ripple (XRP) remains under pressure on Thursday after falling more than […] Key takeaways XRP has dipped more than 2% over the past few days.
How it works
- On-chain data shows sell-side dominance in XRP's market.
Details worth keeping
Key takeaways XRP has dipped more than 2% over the past few days. XRP is approaching critical support at its 200-day EMA near $1.354.
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