As of February 10, 2025, Ripple Labs’s local Token XRP and its price continues to be carefully monitored by the traders despite market uncertainties. Today, the general crypto money market is observed to recover prices, while the XRP is seen to attract more attention than other assets.
XRP Trade in Binance: 73 percent of the long position opened
According to analyzes in the world’s largest crypto currency exchange Binance, the XRP/USDT Long/Short position rate has reached 2.66. This rate shows that there is only one suspension position for every 2,66 long position, and indicates a strong bull tendency among the traders. 73 %of the largest XRP traders on Binance receive a long position, while 27 %holds Short position. This shows that in addition to the interest of investors, long -term investors and whales turn to XRP.
Despite market uncertainties, it is noteworthy that XRP has been taken intensively by investors. Spot flow data on crypto currency exchanges show that XRP tokens have an output of $ 12.5 million. This important output reveals that the XRP is slowly withdrawn from the stock exchanges and that investors tend to accumulate. This may create procurement pressure and trigger the price of the price.
What are the expected levels for the XRP price?
In the light of all these developments, the transaction volume of XRP increased by 48 %compared to the previous day. However, the price has not changed in the last 24 hours and is currently trading around $ 2.43. Nevertheless, the XRP still tends to rise with the support of the rising trend line. This continues in parallel with the fact that the price is consolidated at this level. Considering the latest price movements and past patterns, if the XRP remains above $ 2.30, it has the potential to climb up to $ 3,30 with a 35 %rise.
XRP is carefully monitored by traders and investors and has a positive price movement potential in the short term. Large exits from the stock exchanges show that the XRP is in a strong accumulation process and its price may increase further. Investors, following whether the level of $ 2.30 will be protected, they expect the price to reach $ 3.30 in the coming period.
