XRP Consolidates Near $1.37 As Z-Score Hits Neutral - Market Awaits Breakout

XRP remains under steady selling pressure, showing little momentum as the wider crypto market stays fragile. After failing to sustain gains, the token has struggled to form a clear recovery trend — a sign of cautious investor sentiment and muted speculative activity. Volatility has cooled from prior sharp moves, but the lack of decisive buying suggests the market is consolidating rather than rebounding. CryptoQuant data on Binance adds color to the picture. XRP is trading near $1.37 with daily volume roughly 173 million XRP. Using a 30-day Z-Score framework, trading activity is hovering close to zero, meaning volume is broadly in line with recent averages and there are no pronounced spikes or contractions. That equilibrium typically reflects a balance between buyers and sellers and often follows periods of elevated volatility. Practically, the neutral volume reading points to a phase of reassessment: traders are holding positions and waiting for clearer directional signals. Historically, CryptoQuant’s volume Z-Score has acted as a leading indicator — sharp spikes in the metric have often preceded major price moves in either direction. By contrast, when the Z-Score sits near zero, markets tend to enter consolidation periods where prices drift until participation expands or contracts. Technically, XRP’s structure remains tilted bearish. The token failed to hold the $2.00–$2.20 area and has since accelerated lower toward the $1.30–$1.40 range, which is now the closest visible support zone. Price is trading below major moving averages that are sloping down — a setup that typically makes rallies hard to sustain and favors sellers. The recent drop was accompanied by higher-than-usual activity compared with prior quiet phases, indicating active participation in the selloff rather than thin, illiquid price moves. What traders will watch next: a sustained pickup in volume and a rise in the Z-Score (notably a move well above recent average thresholds) would signal renewed conviction and could precede a directional breakout to the upside. Conversely, an abrupt increase in selling volume would raise the risk of continued downside or capitulation. From a price perspective, reclaiming the $1.80–$2.00 area would be an important step toward stabilizing sentiment; until then, consolidation and further weakness remain plausible. Bottom line: XRP’s current picture is one of measured equilibrium — lower volatility and balanced volume for now — but that calm is a prelude to the next major move. The catalyst will likely be a clear shift in participation: more buyers pushing volume higher could spark a rally, while a fresh surge of selling would extend the downtrend. Read more AI-generated news on: undefined/news