CoinTelegraph
XRP (XRP) price has recovered from its low of $1.89 reached on March 11, but it’s still trading below a key resistance zone. Will XRP’s price sustain the recovery or drop further in the coming days?XRP/USD daily chart. Source: Cointelegraph/TradingViewXRP funding rates show bearish sentiment One of the clearest signs that there is more trouble ahead for XRP is the presence of negative funding rates and decreasing open interest (OI) in its futures markets.Related: XRP’s role in US Digital Asset Stockpile raises questions on token utility — Does it belong?Key points:Funding rates are periodic payments made between long and short traders in perpetual futures contracts to keep prices aligned with the spot market.When this metric turns negative…
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Is XRP price going to crash again?
Cointelegraph by Nancy Lubale
15:19
XRP (XRP) price has recovered from its low of $1.89 reached on March 11, but it’s still trading below a key resistance zone. Will XRP’s price sustain the recovery or drop further in the coming days?XRP/USD daily chart. Source: Cointelegraph/TradingViewXRP funding rates show bearish sentiment One of the clearest signs that there is more trouble ahead
