Markets· ★★· bearish·

XRP slips to $1.34 as futures flash conflicting signals, $1.25 in focus

  • —XRP long-to-short ratio at 0.86, the lowest in more than a month
  • —Funding rate positive at 0.0064% on Thursday
  • —RSI near 44; price below EMA200 at $1.374 and EMA50 at $1.375
  • —Support at $1.337 (EMA100), then $1.30 and the $1.25 swing low
Why it matters: Conflicting derivatives signals leave XRP's direction unclear, making the $1.30 support and $1.375 resistance the levels to watch.
Source: Invezz