XRP rebounds as derivatives improve, but faces EMA resistance
- —XRP traded around $1.374 after Monday's pullback
- —Long-to-short ratio of 1.09 shows a modest bullish tilt
- —Support at $1.339 and $1.300, resistance from $1.381
- —Funding rate turned negative at -0.0055%
Why it matters: Improving derivatives positioning offers some encouragement, but XRP needs stronger momentum to reclaim its overhead moving averages at $1.381 and $1.395.
Source: CoinJournal