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XRP Futures Traders Still Bullish Despite 20% Price Drop, Expert Calls Decline a ‘Small Speed Bump’

  • Despite a 20% price drop, XRP futures traders remain bullish and expect a quick bounce back.
  • Around 74% of Binance traders took a long position on XRP futures, even after a 21% fall in its price.
  • Predictions indicate a short-term decline before XRP performs well again, viewed as a 'small speed bump' by some analysts.
  • A negative outlook suggests a potential decline to 60 cents due to a head and shoulders pattern, according to one expert.

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