Long Trades Dominate XRP Futures Positions on Binance Crypto Exchange

70.33% of XRP futures traders on the Binance exchange favor a price increase. XRP is trending sideways after consolidating from a notable rally in Q4 2024. A favorable judgment in the Ripple Vs SEC case could trigger a surge in XRP’s price. XRP traders on the Binance cryptocurrency exchange are predominantly long and expect the altcoin’s price to increase. In his latest post on X, renowned cryptocurrency analyst Ali Martinez highlighted data from the crypto trading platform showing that 70.33% of futures positions on the platform are long. 70.33% of Binance traders with open $XRP futures positions are betting on a price increase! pic.twitter.com/pkoEmI3Ho4 — Ali (@ali_charts) April 6, 2025 Martinez used the highlighted metric to highlight the dominant sentiment about XRP, considering the cryptocurrency’s trend pattern and price action in the past few months. Coming from a bullish end to 2025, XRP retraced before consolidating sideways. The altcoin’s current trend suggests indecision despite more bullish expectations from most crypto community members. Related Article: Top Trader Maps XRP Dip to $1.80, Then $5 Rally It is worth noting th… The post Long Trades Dominate XRP Futures Positions on Binance Crypto Exchange appeared first on Coin Edition .

Source: Coin Edition