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🚀 XRP Funding Rates Drop 240% as Price Breaks $1.13 – Spot Rally Ahead?
✕ $XRP is flashing strong bullish signals! While price surged +4% past $1.13, daily funding rates crashed over 240%.
Why does this divergence matter? 💡
Leverage is normalizing.
Traders aren't over-leveraging, meaning this breakout is driven by healthier spot demand rather than a risky leverage bubble. Plus, 24-hour trading volume spiked 64%! 📈
🎯 Key Levels to Watch:
Bulls Target: $1.24 – $1.28 resistance zone
Crucial Support: Must hold $1.13 (a dip below $1.10 invalidates the breakout)
With BTC pushing higher and the CLARITY Act deadline approaching, regulatory sentiment could provide the next major catalyst. ⚖️
#XRP