$XRP

🚨 Market Confidence Grows as XRP Funding Rate Turns Positive 🚨

On-chain data also shows a bullish sentiment around XRP. the token’s OI-weighted funding rate now stands in the green at 0.0107%. A positive funding rate implies that the long position holders are willing to pay short sellers a premium to keep their leveraged position.

This behavior manifests strong market confidence as traders bet on further price increases instead of declines. Besides, the cryptocurrency’s recent breakout above the falling wedge pattern and the consistent positive funding all lend to Captain Faibik’s projection of a rally to the $5 level.

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