Altcoins News

Story: XRP Dips to $1.37 as Market Turns Against It with Negative Funding Rate

By Sakamoto Nashi

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Support at $1.35 Is the Line That Matters. XRP is sitting above a support zone between $1.24 and $1.35.

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Capital Rotating Toward Bitcoin Hyper. Some of the capital leaving XRP positions seems to be finding its way into earlier-stage projects.

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CLARITY Act Watching. Regulatory developments are probably the biggest wildcard for XRP right now.

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XRP is in rough shape right now. The token dropped over 2% this week, slipping from a recent high near $1.69 down to $1.

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The funding rate flipped negative — sitting at -0.0012% — which basically means short sellers are getting paid by long holders to keep their positions open.

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The long-to-short ratio fell to 0.83, the lowest reading in a month. Shorts outnumber longs. That's a clear shift.

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XRP is sitting above a support zone between $1.24 and $1.35. That band is where the 50-day, 100-day, and 200-day EMAs all cluster together, so it's not an arbitrary number — it's…

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The RSI is stuck in the mid-50s. Not oversold, not overbought — just kind of drifting without conviction. The MACD is below zero, which means the upward thrust has weakened.

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Two scenarios are on the table. If XRP can push back above $1.40 to $1.43 resistance, that opens a path toward $1.54 and potentially further. But if $1.

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Without stronger spot demand stepping in to absorb the sell-side pressure, that floor is going to keep getting tested.

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Some of the capital leaving XRP positions seems to be finding its way into earlier-stage projects. Bitcoin Hyper has raised $33.1 million, with its token priced at $0.013686.

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More context: Germanys 25% Crypto Tax Set to End Long-Term Holding Advantage by 2028

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It's not a direct comparison. Bitcoin Hyper is a presale-stage project; XRP is a top-ten asset with years of trading history and an active legal and regulatory backdrop.

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The opportunity cost is showing up in the data. Traders holding long XRP positions are paying negative funding, watching momentum indicators cool off, and seeing open interest…

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Regulatory developments are probably the biggest wildcard for XRP right now. The CLARITY Act is being watched closely by market participants as a potential catalyst that could…

The Currency Analytics

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