XRP rebounds 5% as negative funding hints at short squeeze

XRP rebounded about 5% after weeks of selling. Binance funding flipped deeply negative.

Analyst Darkfost reports that XRP funding rates on Binance plunged while price ranged $1.35–$1.50. Shorts dominated. Traders paid to stay short.

This aligns with broader risk-off tone. Wall Street’s appetite for Bitcoin exposure waned after ETF outflows, pressuring sentiment across majors, per NewsBTC.

Historically, such extreme negative funding in XRP preceded brief rebounds, Darkfost notes in the CryptoQuant post. Crowded shorts risk a squeeze if price ticks up.

Price trades near $1.43 after a ~60% drawdown from mid‑2025 highs. Structure stays bearish. XRP sits below the 50/100 MAs; the 200 MA hovers near $2.

A base formed between $1.30 and $1.50 after an early‑2026 flush toward $1.20. Bulls need a reclaim of $1.60–$1.80 and short‑term MAs to change trend.

Title: XRP jumps 5% as Binance funding turns deeply negative; shorts crowd in