XRP is currently at a crucial crossroads in the crypto market, with two groups of investors taking extremely different stances.
At the time of writing, XRP is currently trading at $1.3845, down 0.04% since it opened early Wednesday in Asian trading.
Recent analysis suggests that real capital is flowing in through the spot market, while futures traders are still on the defensive.
On Binance, Spot CVD data recorded net buying of around $520 million, indicating real confidence and commitment from investors who are accumulating XRP at current prices.
Conversely, Perpetual CVD is at -$261 million, indicating that futures traders are still maintaining short positions, ready to weather market movements.
As a result, XRP prices have stabilized not because both sides agreed on a direction, but because spot buyers are strong enough to withstand selling pressure from leveraged traders.
The uniqueness of this setup lies in the strength of the spot buyers.
The price support built by real capital is stronger than the support that comes only from futures traders.
However, the real momentum has not yet arrived, as futures are still waiting, watching from the sidelines, without joining the upward movement.
Technically, XRP is still in a clear bearish structure. The February breakdown event remains the key point, when the price fell from the $1.70–$1.80 zone to $1.20, making this level a critical support.
Every attempt to break through $1.50 failed, strengthening the resistance ahead.
For investors, two key levels should be noted, $1.20 as an important support if the price falls below this, the risk of a faster decline and $1.50–$1.70 as a resistance, only if the price breaks this level, the downtrend can turn into a medium to long-term increase.
Spot buyers have clearly made their move, now futures traders hold the key to the next move.
