XRP Funding Surge Sparks Concern as Volatility Looms

Crypto analyst CasiTrades has published a technical analysis warning of potential volatility in XRP prices due to rising funding rates without a corresponding price rally. The analysis, shared on June 11, highlights the increasing risk for XRP as it nears the apex of its current consolidation phase. While near-term support levels are holding, funding rates have climbed, signaling increased leverage amongst long positions.