Binance Traders Show Strong Confidence in XRP with Majority Betting on Price Surge

XRP News: 70% of Binance Traders are Betting on XRP’s Price to Go Long!

XRP, the fourth-largest cryptocurrency by market cap, is heating up as traders bet on a major price surge. Over 70% of Binance traders are holding long positions, showing strong confidence in XRP’s future. Crypto analyst Ali Martinez highlights that if XRP stays above $2, it could gain momentum and soar 30% to $2.60. The 4-hour XRP’s long/short ratio has reached 2.37, indicating that traders betting on price increases significantly outnumber those expecting declines.

XRP Sees 70% Long Interest Surge on Binance Exchange

More than 70% of Binance traders maintain long positions in XRP, demonstrating firm belief in its value. According to crypto analyst Ali Martinez, if XRP maintains levels above $2, it could surge by 30%, potentially reaching $2.60. However, the asset is in legal doubt, and despite bull formations indicating a potential break above $2.22, the strong long position buildup has also raised fears of future market volatility and price oscillations.