Date: 2025-04-10
XRP (XRP) price has recovered from its low of $1.61 reached on April 7, 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/TradingViewOne of the clearest signs that there is more trouble ahead for XRP is the presence of negative funding rates and low open interest (OI) in its futures markets.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, it means short sellers are paying long holders, indicating that bearish sentiment dominates.XRP funding rates have been hovering below 0% since early February,...
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