Binance Traders Show Strong Bullish Sentiment for XRP

Crypto analyst Ali has highlighted a significant bullish sentiment among Binance traders holding XRP futures positions. A recent graphic posted on the social media platform X reveals that 70.33% of open XRP futures positions are currently positioned for price increases, while only 29.67% are betting on price decreases. This translates to a Long/Short Ratio of 2.37, suggesting a clear majority of traders are bullish and hold long positions in the cryptocurrency.