XRP Smart Money Sentiment Turns Extremely Bearish on Binance and Bybit

XRP smart money sentiment on Binance and Bybit has turned bearish , while the market attempts to recover from recent lows. Coinglass data shows that smart money sentiment on both derivatives exchanges has fallen to extremely bearish levels, which has raised concerns about whether XRP can maintain its latest recovery. The bearish outlook comes as XRP regains the $1.40 price level after losing approximately 14% of its value in just 48 hours. Although buyers have started pushing prices higher, smart money traders are doubtful that the recovery will last.