XRP at $1.30: weak derivatives data caps upside
- —XRP holds above its 50-day EMA at $1.284 and 100-day EMA at $1.255
- —The long/short ratio rose to 1.06, the highest in over a month
- —The funding rate turned negative at -0.0040%
- —A close above the 200-day EMA at $1.353 opens the way to $1.90
Why it matters: Mixed derivatives and on-chain signals do not confirm a sustained XRP recovery, and a break above $1.353 would be the key trigger.
Source: CoinJournal