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XRP futures volume spikes 2,447% amid mixed spot demand, signaling speculative trading, not clear price recovery.

Market News
29 Apr 2026
UToday
View Source
Neutral
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XRP futures trading volume surged by up to 2,447% in a short period, reflecting aggressive speculative positioning rather than solid buying pressure. Despite this spike in derivatives activity, XRP's price remains range-bound with flat support zones and a downward trend, indicating market indecision. The increase in futures flow does not guarantee a price recovery, as spot demand is inconsistent and the market leans heavily toward long positions, which could trigger abrupt reversals. Investors should view any price rise cautiously as a potential relief rally rather than a confirmed trend reversal until stronger volume and price levels are sustained.

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