XRP holds near $1.30 as derivatives lean long but spot selling dominates
- —XRP long-to-short ratio at 1.02, funding rate positive at 0.0101%
- —First resistance is the 100-day EMA at $1.333, then $1.360 and $1.369
- —Spot XRP ETFs recorded $3.61 million in net outflows
- —RSI near 40 and MACD still negative keep momentum subdued
Why it matters: Bullish derivatives positioning clashes with spot selling; a break of $1.333 or $1.30 will set the near-term direction.
Source: Invezz
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