XRP On-Chain Activity Signals Potential Volatility

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 day ago

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Open Interest Surge: XRP's open interest on Binance has risen above $433 million, indicating increasing trader participation and conviction in the market, while the asset's market cap remains stable at around $137 billion, reflecting a state of price compression.
Stable Market Structure: Despite the increase in open interest typically triggering price swings, XRP's market cap has remained relatively stable during this recent climb, suggesting traders are building positions that could lead to significant price volatility in the future.
Rising NVT Ratio: The Network Value to Transactions (NVT) ratio for XRP has climbed above 218, indicating that market valuation is increasing faster than on-chain usage, leading traders to anticipate stronger market activity or speculative demand ahead.
Potential Price Breakout: The current market structure positions XRP for a decisive move if volatility returns; if bullish momentum continues to build, it could quickly force short positions out of the market, adding fuel to price expansion.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.173	1.237	1.3	1.365	1.427	1.492	1.555
Fibonacci	1.237	1.286	1.316	1.365	1.413	1.443	1.492

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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