Crypto: Will Xrp Price Double Again? 'latent' Buy Pressure Puts Shorts In...

Similar XRP funding conditions preceded rebounds of roughly 50% in August and September 2024 and about 100% in April 2025.

XRP (XRP) funding rates on Binance have been mirroring the behavior seen ahead of sharp price rebounds since 2024.

Crowded XRP shorts (negative funding) have preceded rebounds.

Holding $1.80–$2.00 and reclaiming $2.22 would keep the bullish case intact.

Binance funding rates stayed mostly negative in the past two months. That meant more leveraged traders bet on XRP price falling, and that they had to pay to keep their short positions open.

The bearish consensus among derivatives traders formed after a roughly 50% decline in XRP spot prices from its multiyear high of $3.66, established in July 2025. However, according to on-chain analyst Darkfrost, this could hurt the bears in the coming weeks.

Related: These three XRP charts suggest a potential rally scenario toward $2.80

The analyst cited the period of persistent funding rates since 2024, each resulting in sharp price rebounds. That includes BTC’s 50% rise in August-September 2025 and over 100% gains in April-July 2025, as illustrated below.

“The accumulation of shorts does create short-term selling pressure, but it also builds latent buying pressure,” Darkfrost wrote, adding:

As of January, XRP had rebounded modestly after testing the lower trendline of its year-long sideways channel trend, aligning with the $1.80-2.00 support area.

Source: CoinTelegraph