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

By: cryptosheadlines|2025/05/14 09:45:04
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com 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.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.Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!Source link

You may also like

a16z founder: In the age of Agents, what truly matters has changed

The best programmers in the future may not need to write code, but they must have strong logical reasoning and system architecture thinking, because code will become a cheap commodity due to AI.

The President of Kyrgyzstan meets with Sun Yuchen, and TRON collaborates with Kyrgyzstan to build a new pattern of digital economy in Central Asia

This meeting focused on the global trends in digital financial transformation, the construction of regulatory frameworks for virtual assets, and the strategic layout of the TRON ecosystem in Central Asia, marking a substantial phase in the cooperation between TRON and Kyrgyzstan in the fields of blo...

46 minutes, $292 million stolen, DeFi faces development dilemma again

"Let's withdraw from DeFi first, it's too dangerous. This time the damage is much greater than Drift/Cowswap..." said well-known DeFi investor Dovey Wang.

How to Earn Free USDT in 2026: No High Volume Required (WEEX Poker Party Guide)

Is Joker Crypto legit in 2026 or just another memecoin? Can You Really Earn Passive Income with Joker Crypto in 2026? Learn how Joker staking rewards work, how to earn NFT bonuses, expected APY ranges, gas-fee rebates, and how to avoid crypto scams before joining.

How to Get Free USDT Welcome Bonus in 2026: Earn Up to 700 USDT on WEEX

Legit Free Welcome Bonus 2026: Learn how to earn up to 700 USDT on WEEX with Auto Earn Boost Fest. Increase your balance, activate Auto Earn, and qualify automatically.

AI Agent Payments Just Got Real: Utexo × x402 Brings 50ms USDT Transactions to Internet Scale

Utexo integrates USDT into the x402 protocol, enabling 50ms instant payments embedded natively in HTTP requests. Explore how this breakthrough is rewriting the rules for AI agent payments, API monetization, and the machine-to-machine economy.

Popular coins

Latest Crypto News

Read more