Trgovci mirno sedijo, ko se cena Ripple (XRP) trudi izogniti padcu na 0.70 USD

Ripple's (XRP) rallied 72% from Aug. 7 to Aug. 14 but since then, every attempt to break out of the descending channel has been quickly suppressed. The past ten days have been no different, with the XRP price correcting by 15%.

The platform was first launched in 2012 and Ripple is a distributed open-source protocol and remittance system created by United States-based Ripple Labs. The company provides cross-border payment solutions through domestic partnerships or by offering RippleNet storitve.

At one point, XRP price was trading above $2, but the ongoing multi-year lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC) is one factor that has placed persistent downward pressure on both its price and investors’ appetites.

The lawsuit began in December 2020 when the SEC alleged that CEO Brad Garlinghouse and co-founder Chris Larsen had been conducting an “unregistered, ongoing digital asset securities offering” with their XRP token sales.

Zaradi tega XRP faced delistings across many leading cryptocurrency exchanges in the U.S., including Binance.US, Coinbase and Bitstamp.

The most recent pump in early September could have been caused by the plans of Japanese financial conglomerate SBI Holdings to set up a cryptocurrency fund. Tomoya Asakura, a director and senior managing executive officer at SBI, said the company could see the fund growing to several hundred million dollars.

SBI Holdings owns 60% of a joint venture with Ripple imenovan SBI Ripple Asia, which provides RippleNet technology to financial institutions and money transfer service operators in Japan, South Korea and certain Southeast Asian countries. In addition, Ripple owns 33% of Money Tap, a Japanese payments network operated by SBI and 38 other banks.

Profesionalni trgovci so glede cene XRP nevtralni

Da bi razumeli, kako so postavljeni kiti in arbitražne mize, je treba analizirati četrtletno premijo za terminske pogodbe (osnovna obrestna mera). V pogodbah za določen mesec se morebitna neravnovesja povpraševanja odražajo v cenovni razliki v primerjavi z običajnimi trgi na prostem.

Zdravi trgi izvedenih finančnih instrumentov bi morali prikazati premijo od 5 do 15%, ker trgovci zahtevajo več denarja za odlog poravnave. Nizka ali negativna osnovna obrestna mera je medvedji kazalnik in signalizira, da vlagateljem ni prijetno ustvarjati dolgih pozicij z vzvodom.

Notice how the December futures contract premium at Binance peaked above 5% on Sept. 6 as traders were hyped by the potential $1.40 breakout. That premium was equivalent to 17% per year and signaled excessive leverage from longs (buyers).

The recent XRP price correction eased the market expectations and the current 1.9% price gap for a three-month period is equivalent to 7.8% per year, a neutral indicator.

Trgovci na drobno potrjujejo nevtralno držo

On the other hand, retail traders’ preferred derivatives instrument is the perpetual futures because its price usually tracks the regular spot markets perfectly. There is also no need to manually roll over contracts nearing expiry as required on quarterly futures.

V kateri koli terminski pogodbi se trgovske dolžine (kupci) in kratke hlače (prodajalci) vedno ujemajo, vendar se njihov vzvod razlikuje. Posledično bodo borze zaračunale tisti strani, ki uporablja več finančnega vzvoda pri stopnji financiranja, da bi uravnotežila svoje tveganje, in ta pristojbina se plača nasprotni strani.

Nevtralni trgi ponavadi kažejo 0% –0.03% pozitivno stopnjo financiranja, kar ustreza 0.6% na teden, kar kaže, da dolgi plačujejo.

Data reveals an excitement period from leverage longs that lasted from Aug. 8 to Sept. 7, with average eight-hour fees peaking at 0.10%. This number is equivalent to 2.1% per week, which isn’t sustainable for more extended periods.

Both retail-oriented perpetual and pro traders’ quarterly contracts show absolutely no sign of bearishness, which should be interpreted as a positive, considering the 15% negative performance over the past ten days.

Tu so navedena izključno stališča in mnenja Avtor in ne odražajo nujno stališč Cointelegrafa. Vsaka naložbena in trgovalna poteza vključuje tveganje. Pri odločitvi morate izvesti lastno raziskovanje.

Vir: https://cointelegraph.com/news/traders-sit-idly-by-as-ripple-xrp-price-struggles-to-avoid-a-drop-to-0-70