Altcoins News
By Sakamoto Nashi
1 / 15
Derivatives market tells a different story. Even with the surge in ETF demand, XRP’s derivatives market does not share the same enthusiasm.
2 / 15
Technical picture remains uncertain. At the time of reporting, XRP was trading near $2.17, struggling to shake off the downward…
3 / 15
What’s holding traders back?. Market analysts point to a few main reasons behind the hesitation:
4 / 15
What XRP needs to turn momentum in its favor. For sentiment to shift more convincingly, analysts point to three markers that traders are likely…
5 / 15
A market in transition. XRP’s current market environment does not reflect weakness, nor does it reflect explosive strength.
6 / 15
The XRP market is sending mixed signals this week as institutional interest grows sharply through newly listed XRP exchange-traded funds (ETFs) while derivatives traders remain…
7 / 15
Within just the first few days of trading activity, the new XRP ETFs pulled in $25.4 million in net inflows, pushing total assets under management to approximately $257 million.
8 / 15
Most of the capital flowed into the ETFs on November 14, which saw the largest single-day allocation since launch.
9 / 15
ETF inflows tend to serve as a signal of long-term confidence rather than short-term speculation.
10 / 15
Even with the surge in ETF demand, XRP’s derivatives market does not share the same enthusiasm. Open Interest (OI) has hovered around $1.
11 / 15
Funding rates have also remained nearly flat, signaling that neither long nor short traders have committed meaningfully to directional bets.
12 / 15
Analysts suggest that the disconnect between ETF retail/institutional buying and derivatives hesitation could indicate that markets are still adjusting to the arrival of the…
13 / 15
For now, ETF inflows are not being treated as a guaranteed indicator of a near-term rally.
14 / 15
At the time of reporting, XRP was trading near $2.17, struggling to shake off the downward pressure that has defined most of the month.
15 / 15
Momentum indicators reflect the hesitation as well. The Relative Strength Index (RSI) remains subdued, pointing to weak buying activity and leaving XRP in a bearish zone.
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