Is XRP About to Drop? Analyst Highlights Key Metric Signaling a Possible Turn

Analyst Steph Is Crypto has flagged potential trouble ahead for XRP, highlighting a key metric suggesting a price drop is imminent. His analysis suggests the token could be facing downward pressure, but with the possibility of short-term support. The analyst’s chart showcases significant drops in the XRP price from March 6 to March 9 and again from March 26 to 30, followed by brief rallies before sellers regain control. The article delves into the significance of funding rates in relation to this potential decline, exploring the historical trend that links negative funding rates to subsequent price recoveries.