XRP Funding Rates Spark Bullish Sentiment Amid Price Recovery
XRP has been experiencing a price turnaround after hitting its lowest point since November 2024. According to data from TradingView, the altcoin's bearish momentum has faded over the past month, as it declined to $1.0072.
The formation of higher lows in July 2026 suggests an exhaustion of bearish pressure. Binance funding-rate data turned positive, signaling improved long momentum for the token.
While technical indicators remain neutral and XRP could trend either way, analysts have identified this development as a signal for potential turnaround. The funding rate data indicates a return of positive sentiment for XRP contracts on Binance.