XRP recovers but weak derivatives data limits bullish conviction

Key takeaways XRP’s long-to-short ratio stands at a bullish 1.06 as funding rates turn negative.  XRP holds above its 50-day and 100-day EMAs at $1.284 and $1.255. A daily close above the 200-day EMA at $1.353 could place $1.90 in focus. XRP extended its recoveries on Thursday after finding support at important technical levels. However, […] The post XRP recovers but weak derivatives data limits bullish conviction appeared first on CoinJournal.