XRP shows strengthening technical indicators as funding rates return to positive territory and its 30-day Z-Score climbs above zero, according to analysis from Crypto Patel. The shift reflects renewed buyer confidence driven by spot accumulation rather than excessive leverage. XRP currently trades at $1.11 after defending the $1.08 support level, with technical analyst Diana noting improved market structure as the asset consolidates between $1.08 and $1.145.
XRP Funding Rates Turn Positive as 30-Day Z-Score Climbs Above Zero
Technical analyst Crypto Patel identifies the return of positive funding rates as one of the strongest signs of improving market conditions. In perpetual futures markets, positive funding rates indicate traders are willing to pay a premium to hold long positions, reflecting growing bullish sentiment. Current funding levels remain relatively moderate, suggesting demand is strengthening in a sustainable way.
Patel also notes that XRP's 30-day Z-Score has climbed back above zero, indicating the asset is trading above its recent average after an extended period of consolidation. Historically, this shift has signaled improving momentum and the early stages of trend reversals.
The return of spot buyers without heavy reliance on leverage represents genuine market demand rather than borrowed capital, making rallies driven by spot accumulation less vulnerable to liquidation-driven selloffs.
XRP Defends $1.08 Support and Trades at $1.11
Market analyst Diana observes that XRP successfully defended the critical $1.08 support level and rebounded into its established consolidation range between $1.08 and $1.145. CoinCodex data shows XRP trading at $1.11 as buying momentum gradually strengthens.
The four-hour chart reflects improving market structure. XRP has formed a higher low after its latest pullback, signaling buyers are stepping in at increasingly higher prices. The Relative Strength Index (RSI) has recovered to around 48 and crossed above its signal line, indicating bearish momentum is fading. Price is also reclaiming key moving averages.
Initial resistance lies between $1.103 and $1.107, followed by stronger dynamic resistance near $1.117. The key level remains $1.145, the top of XRP's consolidation range.
Ripple Secures $1 Billion in Spot ETF Inflows
Ripple has attracted approximately $1 billion in spot ETF inflows and continues expanding its global payments network. XRP remains well below its 2025 highs despite these developments.
Japan's crypto-friendly reforms, expanding blockchain infrastructure, and growing SBI Ripple Asia partnerships continue to strengthen XRP's role in cross-border payments and global settlement.
FAQ
What technical indicators are improving for XRP?
XRP's funding rates have turned positive and its 30-day Z-Score has climbed above zero, according to technical analyst Crypto Patel. The Relative Strength Index (RSI) has recovered to around 48 and crossed above its signal line.
What price level is XRP currently trading at?
XRP trades at $1.11 according to CoinCodex data, after defending the $1.08 support level. The asset consolidates between $1.08 and $1.145, with key resistance at $1.145.
How much has Ripple secured in spot ETF inflows?
Ripple has attracted approximately $1 billion in spot ETF inflows while expanding its global payments network and partnerships with SBI Ripple Asia in Japan.
