The post Binance Futures Traders Bet Long appeared on BitcoinEthereumNews.com.

Altcoins In a new update shared by crypto analyst Ali (@ali_charts), sentiment around XRP has taken a decisively bullish turn. According to the latest Binance Futures data, a staggering 71.54% of traders with open XRP positions are currently long, while just 28.46% are short — bringing the Long/Short Ratio to 2.51. The tweet was posted on May 4, 2025, and highlights a significant shift in trader positioning that could hint at growing confidence in XRP’s price trajectory. What’s the Chart Saying? The chart provided shows consistent dominance of long positions over short ones across multiple 4-hour intervals. This upward curve in long interest may reflect speculation of an impending breakout, particularly as XRP continues to hold support above key technical levels. While this bullish tilt doesn’t guarantee a price surge, it signals a strong market bias that traders and investors should keep an eye on. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article Source: https://coindoo.com/xrp-sentiment-turns-bullish-binance-futures-traders-bet-long/

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Filed under: News - @ May 4, 2025 11:18 am