XRP has seen a notable surge in taker selling activity within the futures market over the last hour, reaching 25.1 million in net volume.

The latest data from the market reveals that this XRP selling pressure is quite significant, measuring 8.9 times the typical 24-hour average. It seems like the digital asset is having a rather busy hour, to say the least.

Meanwhile, XAU is also experiencing a similar trend. The futures market recorded 24.7 million in net taker selling for this asset, which is 4.2 times its usual daily average.

For those curious about the terminology, net taker volume is calculated by subtracting aggressive buy volume from aggressive sell volume. Essentially, it shows us where the immediate market pressure is leaning at any given moment.

It is always interesting to see how these numbers stack up against t

Why it matters 💡

These sudden shifts in taker volume can often lead to choppier price action in the short term as the market works to absorb the selling pressure. It is a good time to stay alert and monitor how these assets stabilize after such a flurry of activity.

4H signal view on $XRP 📊

Short 🔴

Entry 1.268 - 1.278

TP 1.248 - 1.228 - 1.216

SL 1.308

No fresh signal, direction follows MACD momentum.

RSI 31 still has room to move. MACD momentum is leaning down. Price is on the right side of EMA200.

#XRP #XAU #MoneyFlow #CryptoMarket #FuturesTrading

ℹ️ News roundup from public sources, not financial advice.