XRP recovery faces headwinds from mixed derivatives data

XRP has extended its recovery after finding support at key technical levels, but conflicting market signals leave traders uncertain about the sustainability of the rebound. While the long-to-short ratio rose to a bullish 1.06, funding rates turned negative, suggesting aggressive bearish positioning in futures markets. XRP currently trades near $1.30, holding above its 50-day and 100-day exponential moving averages, but analysts note that consistent demand is lacking to confirm a sustained uptrend.