XRP Demand Shows Mixed Signals: Cooling Metrics vs. Rebound Hopes
XRP Demand Shows Mixed Signals: Cooling Metrics vs. Rebound Hopes
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Demand for XRP weakened across several metrics in early July, including on-chain activity, futures positioning, and spot ETF flows. Despite these bearish indicators, analysts are noting extreme bearish funding rates, which they interpret as a potential setup for a rebound in XRP's price.
XRP demand weakened across three fronts in early July as on-chain activity, futures positioning, and spot ETF flows all cooled. However, extreme bearish funding rates have drawn the attention of analysts, who read such conditions as a possible setup for a rebound. 3 Signs Point to Cooling XRP Demand On-chain activity on the XRP Ledger