XRP Consolidates Above $2 As Volume Z-Score Signals A Quiet Market
XRP is attempting to stabilize above the $2 level after enduring several days of sustained selling pressure, as the broader market searches for direction. While price action has cooled from recent highs, the latest data suggests that activity around XRP remains balanced rather than distressed. According to metrics shared by Arab Chain via CryptoQuant, trading behavior shows no signs of panic or speculative excess despite the recent pullback. The chart shows XRP firmly below the 200-day moving average (red line) near the $2.55–$2.60 area, a level that now represents a critical medium-term resistance. The 100-day and 50-day moving averages (green and blue lines) are also sloping downward, reinforcing the bearish trend that began after the failed breakout above $3.50 in late 2025. Each attempt to recover has been capped by these dynamic resistance levels, signaling persistent distribution rather than aggressive accumulation.Related Reading
From a market structure perspective, XRP continues to print lower highs and lower lows, despite the short-term bounce. Volume has remained relatively muted during the recent recovery, suggesting limited conviction behind the move. This supports the idea that the rebound is corrective rather than the start of a new impulsive trend.
For bullish momentum to regain credibility, XRP must reclaim and hold above the $2.30–$2.40 region, followed by a break above the 200-day moving average. Until then, the prevailing structure favors consolidation or further downside risk.
Featured image from ChatGPT, chart from TradingView.com
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