XRP Shows Reversal Signal as Funding Rates Hit Longest Bearish Streak
XRP has risen 5.7% over the past month, underperforming most top large-cap assets. Despite a 27% price gain since February, funding rates on Binance have remained bearish for nearly three months—the longest such stretch in history. Analyst Darkfost noted that prolonged bearish consensus, especially after a 60%+ correction, often precedes a reversal, citing XRP's 126% rally from $1.25 in April 2025. Technically, XRP is in a symmetrical triangle nearing its apex, with a breakout expected by end of May. One analyst sees similarities to Toncoin and Ondo's post-compression breakouts, while others warn of indecision. XRP's next move hinges on resistance breakout amid persistent short positioning.
Key facts
- XRP up 5.7% in past month, lags top large-cap assets except stablecoins.
- Binance funding rates bearish for nearly 3 months, longest streak on record.
- Analyst: prolonged bearish sentiment often precedes reversal, as seen in April 2025.
- XRP in symmetrical triangle near apex, breakout expected by end of May.
- Some see similarities to Toncoin and Ondo post-compression breakouts.
KeyAudit data perspective
📊 KeyAudit data: TON historical leak records: 0