neutral
Recently
XRP faces selling pressure as derivatives data raise caution
XRP remains under distribution pressure, but deeply negative funding rates hint that crowded shorts could trigger volatility or a short squeeze if sentiment shifts.
XRP price action showed ongoing distribution as sellers maintained control, according to market analysts. Despite weakness, derivatives data revealed funding rates turning deeply negative, suggesting short positions may be overcrowded. Analysts warned that excessive bearish positioning could increase squeeze risk if momentum stabilizes. Traders are monitoring key support levels, volume behavior and funding shifts to assess whether downside pressure persists or a short covering rebound.