XRP Funding Levels Drop To Extreme Negative Levels, What This Means For Price

XRP’s derivatives markets are still showing signs of bearish pressure, with funding rates across major exchanges now in negative territory. According to real-time data, funding rates have been predominantly below zero in recent trading sessions, with the lowest exchange funding rate recorded around -0.0748%.

At the same time, open interest has returned to levels associated with long-term base zones in previous years. Could this environment lead to a turning point, or is further downside still…