XRP Price Dips Below $1.48 Amid Trader Uncertainty
XRP's price slipped below $1.48 on Tuesday, marking three consecutive days of losses.
Traders appear uncertain, as evidenced by conflicting signals from technical and on-chain indicators.
A long-to-short ratio of 0.974 suggests short positions have a slight edge over long ones, but the difference is marginal.
Funding rates for XRP perpetual futures remain positive at 0.0062%, indicating demand for bullish exposure, yet also heightening vulnerability to sharp price falls.