- The ceiling made of XRP jumped 4.2% in 30 days, exceeding Solana and reflecting renewed capital entries.
- The long -term volume has dropped while the volume of options has increased, showing speculative interest but a low long -term conviction.
In the last 30 days, Ripple (XRP) The ceiling carried out increased by 4.2%, exceeding the modest gain of 1% of Solana (soil) of Solana.
This increase in capitalization carried out suggests that capital moves more aggressively in XRP, a sign of the growing confidence of investors and short -term conviction.
Since Cap Directed reflects the value of coins during their last movement, the increase has referred to a new bullish positioning of investors.
Consequently, this entry momentum could be a prelude to a stronger price action if the market conditions remain favorable and the purchase pressure is supported above key support areas.
Source: Glassnode
Do merchants always promote long despite the uncertainty of the market?
On Binance, 74.34% of XRP traders stayed on June 14, while 25.66% held shorts. This defined the long / short ratio at 2.90.
However, the constant decline in the long domination between mid-May and early June warns against rampant uncertainty.
Even if the ratio has started to recover, traders must remain cautious, as long long over-feds in a volatile market can trigger net corrections.
Source: Coringlass
Is the short pressure pressure building under the surface?
Meanwhile, the XRP liquidation card has flashed an early warning. Short traders took a hit of $ 375.8,000 on June 14 – seven times higher than long liquidations.
The greatest short losses occurred on Binance and OKX, which suggests that Paris merchants against XRP faced sudden reversals.
If these conditions persist, short compressions could add fuel to ascending movements in future sessions.
Source: Coringlass
Can XRP defend its FIB support?
At the time of the press, XRP exchanged about $ 2.15, just above the Fibonacci extension from 1.618 to $ 1.87. This level acted as a strong support.
The RSI was seated at 43.40, suggesting that the assets were neither occurring nor on the purchase, and was stuck in a consolidation phase.
Consequently, a decisive movement above the resistance at $ 2.39 nearby or a drop below $ 2.00 could determine the next direction.
Until then, lateral action can dominate while bulls and bear are fighting for control near the key levels.
Source: tradingView
The XRP’s long -term volume fell 36% to 3.99 billion dollars, indicating cooling of leverage. However, open interest has increased slightly by 0.55%, suggesting that some traders still retain positions.
More surprisingly, the volume of options increased by 180%, while the options opened interest by 56%, indicating a burst of speculative negotiation rather than long -term conviction.
This divergence between the term contracts and the activity of the options indicated that if certain traders anticipated volatility, most do not yet commit significant capital.
Are the XRP foundations strong enough for an escape?
The cap made of XRP, strong long / short biases and short liquidations all point to growing bulls.
However, the low RSI, the low term volume and the behavior of speculative options suggest that traders are not yet fully attached to a break.
As long as XRP maintains the support greater than $ 2.00 and $ 1.87, it could consolidate before a decisive decision. A net break greater than $ 2.39 can point out that XRP is ready to progress in a new bullish phase.
