According to the latest data from Binance Futures, over 71% of traders with open XRP positions are betting on an increase, reflecting strong market optimism.
Trader Positioning Data
As reported on May 4, 2025, 71.54% of traders with open positions on XRP are in long positions, while 28.46% are short. This results in a long-to-short ratio of 2.51.
Chart Analysis
The chart indicates a consistent dominance of long positions over short ones across multiple 4-hour intervals. This growing interest in long positions may reflect speculation about an impending breakout, particularly as XRP maintains support above key technical levels.
XRP Price Outlook
While this bullish trend does not guarantee a price increase, it signals a strong market bias that traders and investors should monitor closely.
The strong interest from Binance Futures traders in long positions for XRP highlights increasing optimism and potential changes in the cryptocurrency's price dynamics.
