XRP Price Rebound Hits Resistance, Futures Market Lags Behind

XRP's price has rebounded by 16% over the past week, reaching $1.54 and pushing back toward the key resistance area of $1.57-$1.60.

The token's spot gain is in contrast to CME's settlement data, which shows a decline of 5.32% in the September XRP futures contract.

This difference in price movements between spot and futures markets suggests that professional derivatives traders have not fully committed to XRP's rebound.