XRP Volume Signals Balance, Not Speculation
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Onchain and exchange data indicate that XRP’s current range is being shaped by balanced participation between buyers and sellers. Trading volume Z-scores on Binance sit around 0.44, slightly above the 30-day average but well within neutral territory. This points to consolidation or accumulation behavior, rather than the kind of speculative excess typically seen during sharp rallies.
From a technical perspective, analysts remain split on the next move. Some suggest XRP could pull back toward the $1.77 area within a broader uptrend, while others believe continued dip-buying near $2 could form a durable base. Futures traders note that a meaningful bullish shift would likely require daily acceptance well above the $2.40 level, a zone where XRP was recently rejected amid elevated whale selling. Until that resistance is cleared, XRP appears set to trade in a defined range rather than enter a full breakout phase.