XRP struggles below $1.30 amid growing selling pressure

XRP traded near $1.2487 on Tuesday, below $1.25, as the cryptocurrency remained under selling pressure and buyers failed to push it back above $1.30. CoinGlass data showed a long-to-short ratio of 0.84, meaning short positions outnumbered longs, while positive funding rates of 0.0073% indicated some leveraged traders still expected a rebound. CryptoQuant reported sell-side dominance in spot and futures markets and unusually large whale orders, with immediate technical resistance at $1.285 and $1.30 and support at $1.16 and $1.00.