70% of Binance Traders Bet on XRP’s Price Surge: Is This Bullish Signal Real?

XRP is experiencing a surge in trading activity as over 70% of traders at Binance are holding long positions, betting on a significant price increase. Crypto analyst Ali Martinez highlights the potential for this bullish sentiment to translate into actual gains, predicting a possible surge of up to 30%, pushing XRP’s price towards $2.60 if it stays above $2. However, the high concentration of long trades raises concerns about sudden price swings if sentiment shifts unexpectedly.