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XRP Ready in 2025: Funding Rates Data
Despite a lack of volume and waning support, technical analysis shows that a reversal may be imminent for Ripple’s native cryptocurrency, XRP. Investors are advised to pay close attention to the $1.89 support level, as it could potentially serve as a key turning point.
According to funding rates data, there is an indication that a change in market sentiment might be forthcoming. This development could potentially allow the price of XRP to rise in the weeks ahead if the cryptocurrency maintains this crucial support level and funding rates continue to signal a shift.
It’s essential for investors to conduct their own research before making any investment decisions, as every investment carries risk.
Source: u.today
