The post Top Binance Traders Now 300% More Bullish on XRP: $3 by End of January? appeared on BitcoinEthereumNews.com. XRP is hot again after Binance’s top traderThe post Top Binance Traders Now 300% More Bullish on XRP: $3 by End of January? appeared on BitcoinEthereumNews.com. XRP is hot again after Binance’s top trader

Top Binance Traders Now 300% More Bullish on XRP: $3 by End of January?

XRP is hot again after Binance’s top trader metrics revealed a heavy bias: 76.16% of the best accounts are holding long, with only 23.84% still betting against it. The long/short account ratio has shot up to 3.19, which is one of the most bullish positions in months.

Even more importantly, the position-based ratio also climbed to 1.97, showing that this is not just a crowd of sidelined bulls — these accounts are actually sizing up on XRP.

Source: Binance

Just a few days ago, XRP bounced off the $1.80 zone and got back up to the $2.10 level, but the price is still pretty low compared to the early January time when it almost broke through to $2.40.

While the chart still shows some selling pressure, derivatives sentiment has flipped decisively, and that rarely happens without reason. This is not a neutral crowd hoping for direction — it is a packed bus heading north.

Why long XRP?

Partly due to short-side exhaustion. Funding rates are cooling, and the market has digested a month-long altcoin cycle. While Bitcoin consolidates, high-beta assets like XRP are attractive candidates for catch-up plays, especially if the ETF narrative sustains.

But a ratio of almost 3.2 long/short often suggests local overconfidence or front-running. In the past, there were similar imbalances before XRP’s big moves in March 2021 and November 2023.

You Might Also Like

If things keep going the way they are, we might see a rise to somewhere between $2.80 and $3 before the end of the month, as long as the current pace does not slow down around the $2.40 mark.

For now, it is plain to see that whales are loading up, and they are doing it quickly. If $2.40 cracks, January has a chance of a final run.

Source: https://u.today/top-binance-traders-now-300-more-bullish-on-xrp-3-by-end-of-january

Market Opportunity
TOP Network Logo
TOP Network Price(TOP)
$0.000096
$0.000096$0.000096
0.00%
USD
TOP Network (TOP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Share
BitcoinEthereumNews2025/09/18 00:33
Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
[Tambay] Tres niños na bagitos

[Tambay] Tres niños na bagitos

Mga bagong lublób sa malupit na mundo ng Philippine politics ang mga newbies na sina Leviste, Barzaga, at San Fernando, kaya madalas nakakangilo ang kanilang ikinikilos
Share
Rappler2026/01/18 10:00