CoinScoopXRP price declines as bearish derivatives data hinders recovery
XRP has fallen over 2% in recent days, with on-chain data indicating sell-side dominance. Bearish market sentiment is reflected in a long-to-short ratio of 0.83 and a negative funding rate. The asset is currently testing critical support at the 200-day EMA near $1.354.
Summaries are written by AI from the original article. Not investment advice.