XRP Price Faces Fragile Outlook Despite Positive Funding Rates

XRP is struggling to maintain momentum, trading below the $1.50 support level after three consecutive days of losses. While the funding rate remains positive at 0.008%, indicating continued demand for long positions, the long-to-short ratio of 0.975 suggests a balanced market sentiment. CryptoQuant data indicates potential overheating and persistent sell-side dominance in the futures market, creating a risk of liquidation if spot demand fails to absorb the selling pressure.