XRP slide as bearish derivatives data limits recovery

Key takeaways XRP has dipped more than 2% over the past few days.  On-chain data shows sell-side dominance in XRP’s market.  XRP’s long-to-short ratio of 0.83 and negative funding rate reflect bearish positioning. XRP is approaching critical support at its 200-day EMA near $1.354. Ripple (XRP) remains under pressure on Thursday after falling more than […] The post XRP slide as bearish derivatives data limits recovery appeared first on CoinJournal.