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Summary ⚈ XRP short positions hit a 1-month high amid rising recession concerns and bearish sentiment. ⚈ U.S. GDP shrank 0.3% in Q1 2025, missing expectations and fueling market fears. ⚈ Token unlock and ETF delay add to XRP’s downward pressure and investor uncertainty. The ratio of long and short XRP futures positions has reached a 1-month low of 0.8622 on April 30, according to the latest data retrieved by Finbold from crypto intelligence platform CoinGlass . In other words, XRP shorts are at a 1-month high, with 53.7% of positions opened within the last 24 hours being short sales. XRP long-short ratio chart. Source: CoinGlass Moreover, the increase in bearish bets is not a reaction to an overextended move to the upside. On the contrary, XRP has marked a 5.30% decline in price over the past 24 hours, and was last trading at $2.16 at press time on April 30. XRP price 1-day chart. Source: Finbold XRP shorts surge following GDP miss, token unlock, and ...

The cryptocurrency market has been facing a tough phase, with Pepe Unchained (PEPU) among the meme coin projects affected by the downturn. As market sentiment remains largely bearish, many altcoins, including $PEPU, continue to struggle. This has raised doubts among investors, with many now questioning whether Solaxy will surge first after its launch, potentially leaving Pepe Unchained behind. Pepe Unchained (PEPU) Price Analysis Pepe Unchained (PEPU) has faced significant downward pressure, trading at $0.006999, reflecting a 27.11% decline over the past week. This steep drop indicates strong bearish sentiment, influenced by both broader market conditions and project-specific factors. Over the past week, the 7-day chart reveals a consistent downtrend, with each bounce being weaker than the last. This suggests that bearish exhaustion might be near. Recent support has been briefly found in the $0.0060 – $0.0065 range, but if this level fails, $PEPU could potentially test lower...