XRP Price Evaluation: Will a Short Squeeze or a Dump Propel the Next Movement?
The XRP price chart appears calm following an 8.8% decline last week, but this should not be mistaken for steadiness. After facing resistance at $3.50, 
XRP ▲1.94% has been fluctuating within a narrow range of $3.00–$3.20.
Additionally, Open Interest on Binance recently reached a ledger high of $3.9 billion before subsiding slightly. Such speculative accumulation typically precedes significant movements. Here’s what lies ahead for XRP:
“This spike signifies a notable influx of new capital, indicating robust speculative involvement.” – CryptoQuant
Traders Are Positioning Bearishly on XRP
Data from CoinGlass reveals that short positions constitute 50.77% of XRP Futures contracts, slightly surpassing longs at 49.23%. Although the Long/Short Ratio stays below 1.0, it points to a downtrend sentiment.
As more traders take short positions on XRP, excessive negativity can often create conditions for a short squeezee, particularly if price movement shifts unexpectedly bullish.
Supporting the bearish argument, XRP exchange netflows have shown positive figures for two consecutive days. As of now, CoinGlass data noted $1.28 million in net inflows implying holders are moving tokens to exchanges.
Will XRP Surge Above $3.20 or Fall to $2.90?
99Bitcoins analysts are polarized. Some detect indicators of a bear trap forming, where the aggregation of short positions ultimately backfires.
If capital continues to flow into derivatives markets, it could ignite extensive liquidations on short positions, pushing XRP above $3.20 and towards $3.50.
Conversely, if trading platform inflows persist and bullish momentum fades, XRP faces the risk of declining to $2.90 as longs get liquidated and bears gain control.
Explore: Best High-Risk, High-Reward Crypto to Buy in July 2025
Technical Analyst Foresees a “Mega Bullish Wave”
Irrespective, XRP enjoys a more positive sentiment than negative.
Among the indicators:
- A bull pennant upward movement on the BTC chart suggests potential gains of 21% to 275%.
- The Visible Range Volume Profile (VRVP) indicates a volume void above the 5.75% threshold, implying minimal price ceiling should price break through critical levels.
At the moment, XRP is trading at $3.25 with hourly gains of 1.66%. Whether this evolves into a breakout or results in further correction hinges on broader macro developments this week, such as Trump-EU trade negotiations, possible Fed rate cuts, and earnings reports from tech companies.
Join The 99Bitcoins Update Discord Here For The Latest Trading market Updates
Key Takeaways
- Time is running out on one of crypto’s longest legal battles, and the XRP price may be set to soar.
- All attention is focused on Powell this week, as inflation persists and labor metrics soften.
The post XRP Price Analysis: Will Short Squeeze or Price drop Drive the Next Move? appeared first on 99Bitcoins.
