XRP stabilizes at $1.95, how far can the ETF-driven rebound rally go?

Question

【Crypto World】XRP has been holding steady above the $1.95 mark for some time now, and the bears are finding it increasingly difficult to hold on. Looking at the price range of 1.98 to 2.05, the liquidation orders are densely stacked, indicating that a squeeze could start at any moment.

Interestingly, although the current funding rate is still negative, reflecting some defensive sentiment in the market, the situation is quietly changing. The developments with the SEC are gradually becoming clearer, which provides solid structural support for XRP. Additionally, with $1.3 billion to $1.4 billion in ETF funds continuously flowing in, Ripple’s ecosystem development is steadily progressing, all of which helps support the price.

The key point to watch is when the funding rate turns positive. Once it does, it will confirm that the price rally is not just a fleeting phenomenon but a genuine upward breakout. At that point, the short positions trapped will truly feel the pressure.

Ramen_Until_Rich · Accepted Answer

It's time for the shorts to clear out haha, the 1.95 barrier has held for so long, it should break now.

SelfRugger · Answer

This wave of short selling is indeed tough, but don't rush to sing victory yet... The real show begins when the fee rate turns positive.

AirdropF5Bro · Answer

The shorts are probably going to be liquidated this time. The liquidation orders in the 1.98-2.05 range are so dense that it's just a matter of waiting for the funding rate to turn positive. Once that happens, it will break through directly.

PonziDetector · Answer

Hey man, this wave of XRP is indeed quite interesting. ETF funds are pouring in continuously. Watching when the fee rate will turn positive is the real highlight.

The density of the liquidation orders is truly frightening. I really haven't been having a good time as a short.

Once the SEC issue is clarified, it’s like providing structural support. Plus, with over a billion dollars in ETFs, isn’t that just water flowing to the lower ground?

I’ll stay cautious until the fee rate turns positive. I’ve seen too many one-hit wonders, bro.

If there’s a real breakout, that would be awesome. For now, we still have to wait for the signal.

XRP stabilizes at $1.95, how far can the ETF-driven rebound rally go?

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