Українська
Русский
English
XRP Price Prediction: Funding Rates Have Been Negative for 3 Months While XRP Rose 27%
$XRP is trading at $1.4481 on May 11, reaching the apex of a symmetrical triangle that has been compressing since February, while three months of negative funding rates on Binance continue to contradict XRP’s 27% price increase over the same period.
Daily XRP Chart: Triangle Apex and FVG Resistance Above
Daily XRP price action (Source: TradingView)
The daily chart shows that $XRP has remained trapped inside a symmetrical triangle since February, following a move from $2.40 down to $1.15. The structure continues tightening, with lower highs and higher lows converging near the current price level.
The 0.382 Fibonacci retracement at $1.432 acted as the dominant resistance throughout April and May. Today’s candle briefly touched $1.4781 before pulling back.
Above current levels, the chart contains several fair value gaps (FVGs). The first sits near $1.529 at the 0.5 Fibonacci level. A second FVG extends from $1.697 to $1.764, while a larger gap occupies the $1.80–$2.10 region.
These areas may attract price during upward movement but are also expected to act as resistance zones. XRP would need a clean breakout above $1.529 to shift momentum, while a daily close above $1.625 would confirm the 0.618 Fibonacci level as the next realistic target.
Key XRP Levels
- Resistance: $1.529 (0.5 Fib), $1.626 (0.618 Fib), FVG cluster at $1.697–$1.764
- Support: $1.432 (0.382 Fib), February low at $1.15
- Triangle apex: currently resolving, directional move approaching
XRP Derivatives: Options Volume Surged 330% While Long Positions Dominate
XRP derivatives data (Source: Coinglass)
Trading volume increased by 176.01% to $5.36 billion, while open interest rose 6.42% to $2.87 billion.
Options volume jumped 330.87% to $2.59 million, with options open interest climbing 3.68% to $57.66 million. This level of options activity suggests traders are preparing for a larger directional move rather than short-term spot speculation.
The long-to-short ratio on Binance stands at 2.5039, showing strong retail bias toward long positions. OKX displays a similar ratio at 2.56.
Top Binance traders hold long-to-short ratios of 2.9339 by accounts and 2.1057 by positions.
During the past 24 hours, $5.19 million in long positions and $6.07 million in short positions were liquidated. Shorts are currently experiencing slightly more pressure, which may indicate mild squeeze potential near resistance.
Three Months of Negative Funding While XRP Rose 27%
📉 During this correction, driven by an uncertain global backdrop, the altcoin sector was the first to suffer the consequences.
As a result, the Total3 index, which represents the crypto market cap excluding $BTC, $ETH, and stablecoins, lost more than $544B.
However, the… pic.twitter.com/JZToj19FmI
— Darkfost (@Darkfost_Coc) May 9, 2026
Blockchain analyst Darkfost highlighted one of the most important signals currently surrounding XRP. Funding rates on Binance have remained negative for nearly three months — the longest bearish funding stretch XRP has experienced in recent memory — while the asset itself gained 27%.
Negative funding means short sellers are paying long traders to maintain positions. When this continues during a price rally, it usually indicates that market participants are resisting the move instead of participating in it.
Darkfost compared the current setup to April 2025, when XRP consolidated around $1.25 under similarly bearish sentiment before rallying 126%.
Meanwhile, the Total3 index — representing altcoin market capitalization excluding $BTC, $ETH, and stablecoins — has recovered approximately $125 billion since February, suggesting capital is gradually rotating back into the altcoin sector.
XRP Price Forecast for May 12
Bullish scenario:
A breakout above $1.529 would open the path toward the FVG cluster between $1.697 and $1.764. Sustained movement through this zone could push XRP toward $1.80, with the upper FVG completion zone near $2.00–$2.10 becoming a longer-term target. Prolonged short positioning could accelerate this move significantly.
Bearish scenario:
A breakdown below $1.40 would expose $1.32, followed by the February low at $1.15 if macroeconomic conditions worsen. Failure of the CLARITY Act could negatively impact the entire sector, and XRP — due to its regulatory sensitivity — may be among the first assets to react.
See also: "Bitcoin Stabilizes Near $81K Amid Rising Tensions With Iran"
