Is XRP FUTERES is bad for the price? Analysts weigh

Analysts raise fears of XRP Futures The price of XRP (XRP) can be undermined. Although some are seen as a step towards the prevailing adoption, others warn that the futures that have been expanded can pave the way for market processing, which may lead to a significant decrease in prices similar to the historical patterns observed with Bitcoin (BTC) and ETHEREUM (ETH).

This discussion arises amid the launch of XRP futures for XRP on May 19.

How will the future of XRP affect the price?

In a recent publication on X (Twitter), an analyst used a Pseudanning Pultius caution that XRP FUTERES can be a “trap”. He affirmed that Financial tools Allowing adult players To manipulate the price using strategies such as naked default and rehabilitation.

“I wanted legitimacy. Wall Street gave you the leverage. It is the same playing book used to manipulate gold and silver for decades. to publish.

The analyst explained this in naked ShortInstitutional players can open huge short sites on XRP without having the symbols themselves. This creates artificial sale pressure, which can suppress the price.

Moreover, it indicated that the whales usually took their short positions about the expiration of the future CME validity. This, in turn, leads to a decrease in price While allowing them to book profit. Bitcoin was used as an example, with a highlight that it usually decreased about 2.3 % around the end of the previous CME futures.

He added: “Now, apply this to XRP: Each end of CME will become a possible window on the raid. Smart merchants will start watching CME calendars more than plans.”

In addition to nude failure, the analyst also discussed rehabilitation. In this practice, one XRP can support several short positions, more, Explared the leverage in the market.

This may lead to an additional hidden pressure on the price, as the visual offer for XRP remains unchanged while the leverage is doubled behind these situations. These combined strategies indicate that XRP’s The price can suffer from significant decreasesEspecially about the end of futures.

“RequoThecation is legal in traditional financing. Dark collector trade and borrowed liquidity are standard institutional tools. So when XRP Volatility Nails near futures contracts will not be random. “Deficiency will be, disguised as market behavior.”

Historical data supports these concerns. Another analyst, AJ Sallen, revealed that when cme foot Bitcoin Futures on December 18, 2017, the BTC price initially rose to $ 19,783. However, it decreased to $ 13800 by December 22, which represents a 30 % decrease.

A similar pattern follows the launch of CBOE ETAREUM futures in 2018, where prices decreased sharply.

“Empowering brief futures and profit after noise to correct,” Salin I mentioned.

Despite these concerns, many are still optimistic that XRP futures will increase Liquidity and paving the road to XRP ETF spot approval.

“Contracts organized by CFTC on XRP. Stuck.

Currently, the XRP price did not suffer from any significant decrease. Beincrypto data showed that Altcoin rose by 2.1 % over the past day. At the time of the press, The XRP trading price was $ 2.3.