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\XRP Spot Buying Rises as Bearish Sentiment Hits Extremes, CryptoQuant Flags Reversal Signal

thecryptobasic
thecryptobasic2026-07-11 13:21:29
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\XRP Spot Buying Rises as Bearish Sentiment Hits Extremes, CryptoQuant Flags Reversal Signal

XRP saw a sharp rise in spot trading on Binance between July 4 and July 8, even as activity in the derivatives market continued to decline. Market watcher CryptoOnchain on CryptoQuant said capital is moving into the spot market while leveraged positions continue to unwind.

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