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XRP Sentiment Turns Bullish: Binance Futures Traders Bet Long
By: coindoo|2025/05/04 19:30:01
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According to the latest Binance Futures data, a staggering 71.54% of traders with open XRP positions are currently long, while just 28.46% are short — bringing the Long/Short Ratio to 2.51.The tweet was posted on May 4, 2025, and highlights a significant shift in trader positioning that could hint at growing confidence in XRP’s price trajectory.What’s the Chart Saying?The chart provided shows consistent dominance of long positions over short ones across multiple 4-hour intervals. This upward curve in long interest may reflect speculation of an impending breakout, particularly as XRP continues to hold support above key technical levels. .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: Coinbase to Delist Five Tokens on May 16 While this bullish tilt doesn’t guarantee a price surge, it signals a strong market bias that traders and investors should keep an eye on.The post XRP Sentiment Turns Bullish: Binance Futures Traders Bet Long appeared first on Coindoo.
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