XRP Futures Positioning Remains Restrained Amid Price Reversal
XRP futures market positioning is subdued, with declining open interest and rising net positions indicating short covering rather than fresh leveraged demand.
The XRP price has broken above $1.55 during the latest trading session as volume picked up, pushing toward the 1.45-1.46 range.
Exchange outflows remained frequent during the recovery period, but flow data alone cannot establish whether XRP will rise or fall next.
The XRP market outlook is focused on a significant turnaround, with limited futures positioning and ongoing exchange outflows after the recovery targeting $1.55 and gauging if more leverage will return to the market.