XRP (XRP) has climbed 5.7% over the past month, underperforming all other top-five large-cap assets except stablecoins. 

The modest rise also falters against sharper rallies in Zcash (ZEC), Toncoin (TON), Ondo (ONDO), and Internet Computer (ICP). However, an on-chain analyst has flagged a key signal that could mark a turning point.

XRP Price Flashes Reversal Signal as Funding Rates Stay Bearish

In a post on X (formerly Twitter), analyst Darkfost explained that the crypto market has undergone a notable shift since early February. 

The Total3 index, which excludes Bitcoin (BTC), Ethereum (ETH), and stablecoins, has recovered roughly $125 billion after experiencing a drawdown of more than $544 billion.

Despite the rebound, traders keep…