XRP Price Prediction: Funding Rates Have Been Negative for 3 Months While XRP Is Up 27%

• XRP derivatives volume exploded 176% to $5.36B with options volume up 330%, while open interest rose 6.42% as price tests the 0.382 Fib at $1.432
• Funding rates on Binance have stayed negative for nearly three months even as XRP gained 27%, the longest bearish funding stretch in recent history
• A symmetrical triangle is tightening on the daily chart with layered FVG resistance starting at $1.529, and a full FVG cluster sitting between $1.80 and $2.10

XRP trades at $1.4481 on May 11, pressing the apex of a symmetrical triangle that has been compressing price since February, as three months of negative funding rates on Binance tell a story that does not match the 27% gain posted over the same period.

XRP Daily Chart: Triangle Apex and a Wall of FVGs Above

The daily chart shows XRP locked inside a symmetrical triangle s…

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