CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

BitcoinSistemi 2025-05-13 22:00:06

What to Expect for XRP Prices in the Coming Days? “Strong Price Movement…”

Cryptocurrency analysis company CryptoQuant drew attention to the XRP market in its latest assessment. According to the company's analysis based on Binance futures data, speculative movements in XRP are increasing again. It was stated that this situation could be a harbinger of a strong price movement. XRP’s open interest volume once reached an all-time high of $1.5 billion. However, this figure has since fallen to $530 million, causing leveraged positions to be liquidated. According to CryptoQuant, open interest volume has been increasing again in recent days, indicating a revival of trader interest and the market could see higher volatility. Related News: BREAKING: US President Donald Trump Makes Harsh Comments About the Fed and Jerome Powell Again - Here Are the Details Another important indicator in the report, the funding rate, is critical in terms of analyzing the direction in the market. The funding rate, which turned negative during the correction process, indicated that excessive short positions were opened and a potential short squeeze was prepared. Currently, the rate is at a neutral level, which reveals a balance between buyers and sellers. However, the decrease in the funding rate while short positions are increasing behind the scenes suggests that there is upward pressure on the XRP price and a mild short squeeze is ongoing. On the other hand, according to analysts, the Taker Buy/Sell ratio on Binance is at 0.91. This shows that there is strong selling pressure in the market. CryptoQuant states that retail investors are aggressively opening short positions, while the price remains strong and the selling pressure is absorbed in the market. This situation is considered as a preliminary signal of a possible rise. *This is not investment advice. Continue Reading: What to Expect for XRP Prices in the Coming Days? “Strong Price Movement…”

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta