Victoria Bazir
⬤ XRP has fallen from roughly $2.10 down to around $1.30 on major exchanges. Data from the Binance XRP CVD Confirmation Score chart shows that the CVD measure stayed negative the entire way down, meaning sell pressure consistently outweighed buying interest. The chart tells a clear story: price and CVD moved lower together, reflecting a sustained imbalance rather than a temporary dip.
⬤ The Binance XRP CVD Confirmation Score tracks three things at once: XRP price, the raw CVD reading, and a 30-day price-CVD correlation line. During this decline, the CVD histogram showed extended negative values, with any spikes above zero quickly fading. The 30-day correlation line has been hovering near zero, meaning price and CVD haven't moved in strong lockstep, which points to steady distribution rather than a sharp panic sell-off.
⬤ The broader picture for XRP hasn't been encouraging. Analysts tracking the token have flagged XRP price approaching a critical resistance level around $2.95 as the key zone that needs to be reclaimed before any real momentum shift can happen. Meanwhile, XRP experiencing volatile sell-off pressures and rebound attempts has become a recurring theme, with support and resistance zones shaping price behavior through these cycles.
⬤ Right now, the combination of negative CVD and a multi-week price slide paints a market still dominated by sellers. A real shift would need CVD turning positive or price reclaiming levels near $1.80 or higher. Until that happens, XRP sits within broader technical patterns that could precede directional moves, but the current evidence still favors ongoing distribution over recovery.
Victoria Bazir
