XRP Futures Market on Binance Flashes 'Extremely Bullish' Signal Amid Price Drops
The XRP futures market on Binance shows 'Extremely Bullish' sentiment despite recent price drops, according to CoinGlass data.
XRP closed its previous session down 1.55% at $1.38, but the spot market's short-term weakness is countered by a more bullish structure in the futures market.
The whale accounts on Binance have a long/short ratio of 2.74, placing their sentiment in the Extremely Bullish category.