XRP remained below $1.49 after posting three straight daily declines and losing the $1.50 support level. The token recovered slightly from its session low, but selling pressure has not fully eased. CoinGlass data showed a long-to-short ratio of 0.975, meaning short positions were marginally higher than longs, while the funding rate stayed positive at 0.008%.

The data points to a divergence between XRP’s spot performance and derivatives positioning. Traders continue to pay for long exposure even as the token struggles to regain $1.50. If the decline continues, leveraged long positions could face greater pressure and potentially contribute to additional selling.

At 0.975, the long-to-short ratio remains close to neutral. The reading suggests that market positioning is relatively balanced rather than showing a strong advantage for either bulls or bears.

The positive funding rate indicates that long-position holders are paying short-position holders in perpetual futures markets. This generally reflects continued demand for bullish exposure. However, positive funding does not guarantee an immediate price advance, particularly when spot-market demand remains weak.

CryptoQuant data has highlighted elevated activity in both XRP’s spot and futures markets, with futures trading showing sell-side dominance. That suggests the buying interest reflected in funding has not been strong enough to absorb selling pressure or push XRP through nearby resistance.

XRP Technical Levels

XRP’s daily chart remains above several important moving-average levels despite the recent decline. The token has held above the 50-day EMA near $1.365 and the 200-day EMA around $1.369. The 100-day EMA is positioned lower at approximately $1.307.

Momentum indicators have weakened but have not confirmed a broader bearish reversal. RSI is around 55, keeping it near neutral territory, while MACD has flattened close to zero. The setup points to cooling momentum and consolidation rather than a confirmed breakdown.

The $1.37 area remains the key support zone because the 50-day and 200-day EMAs converge near that level. A break below it could expose XRP to $1.30, while a deeper decline could eventually bring the $1.00 psychological level into focus.

On the upside, XRP needs to reclaim $1.574 to improve its short-term technical structure. A sustained move above that level could put $1.90 in focus.

What Comes Next for XRP?

Holding $1.37 would keep XRP within a consolidation structure, with positive funding showing that traders continue to maintain long exposure. However, a stronger upside move would need confirmation from spot volume and open interest rather than funding alone.

A sustained break above $1.574 could strengthen the recovery and create a path toward $1.90, while potentially forcing short sellers to close positions.

Conversely, a decisive loss of $1.37 would shift attention toward $1.30. The $1.00 level would only become a deeper downside reference if XRP breaks through the intermediate support zones.

For now, XRP is caught between relatively balanced derivatives positioning, positive funding and continued futures selling. The next sustained spot-price move should offer a clearer signal of whether buyers or sellers are taking control.