XRP Volatility Compresses Below $2.30; Analysts Eye $2.75 Breakout Target

By Coin Edition
18 days ago
ORDER FLOW STRONG XRP CIN
  • The Squeeze: XRP enters a tight consolidation phase, trapping price between $2.00 support and the $2.30 supply wall.
  • The Trigger: A clean daily close above $2.27 is required to invalidate the bearish thesis and open the path to $2.75.
  • The Psychology: Analysts warn the current “time-based” correction is designed to flush impatient capital before the trend resumes.

XRP traded around $2.20 as of press time as the market continued to absorb slow movement across major assets. The token gained 1.64% in the past 24 hours, while recording a mild weekly decline. Trading activity remained high with more than $3.8 billion exchanged, reflecting strong interest despite muted price extension. 

Related: XRP Rebounds 9% as Order Flow Data Signals Strong Support at $2.00

The ‘Time-Based’ Capitulation

Market structure remains intact despite the lack of vertical momentum. Anal…

Read The Full Article XRP Volatility Compresses Below $2.30; Analysts Eye $2.75 Breakout Target On Coin Edition.

Related News