XRP funding conditions precede rebounds of 50% in August and September 2024 and 100% in April 2025. Binance funding rates mirrored behavior before price rebounds since 2024. Negative funding led to short squeezes since late 2024, impacting leveraged traders betting on XRP’s fall. Bears may face challenges in the coming weeks due to persistent funding rates since 2024. XRP bulls aim to restore $2 as support after rebounding from the lower trendline. $2 level is crucial for XRP’s short to medium-term outlook. XRP bears may target the 200-week EMA at $1.40 if $2 support is lost.

Read more at Cointelegraph: XRP Funding Clones April’s Latent Buying Pressure: 100% Surge Next?