$XRP Ripple (XRP) has recently surged, attracting the attention of global investors. Are you ready to seize this opportunity? According to the latest data from Coinalyze, I will provide you with a quick overview of the short-term trading setup for XRP.

First, let's take a look at the market snapshot. In the past 24 hours, the number of open contracts for Ripple has skyrocketed by 27.66%, reaching an astonishing $2.9 billion! This indicates that a large number of investors are actively entering the market, seemingly confident about the future of Ripple.

Next, regarding funding rates, the funding rates on major exchanges are all positive, which further indicates that demand for long positions is continuing to rise. At the same time, significant short position liquidations are also occurring, undoubtedly providing more bullish momentum for Ripple's price increase.

Furthermore, in terms of long-short ratio, 64.61% of positions are long, meaning that most traders are betting on further increases in Ripple's price. This market trend undoubtedly provides an excellent entry opportunity for investors.

In summary, the short-term trading outlook for Ripple (XRP) is very bright. Are you ready to follow the market trend and seize this upward opportunity? Feel free to share your thoughts and trading strategies in the comments section, and let's discuss how to better grasp market opportunities.

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