Arab Chain
XRP Faces Weak Buying Support as CVD Remains Negative
XRP data on Binance indicates a discrepancy between price action and liquidity flows, behavior According to the latest data, XRP is trading at around $1.44, suggesting a relative recovery after a period of decline. However, it remains within a cautious range and has not yet confirmed the start of a strong upward trend. Conversely, the CVD (Cumulative Volume Delta) indicator is registering a negative value of approximately -7.18 million, reflecting the continued dominance of sell orders over buy orders in the market. This is a significant signal, as it suggests that the current price increase is not supported by strong buying flows, but may instead be driven by temporary factors or a reduction in selling pressure rather than genuine demand strength. The 30-day price–CVD correlation index stands at around 0.61, a relatively positive reading that indicates an improving relationship between price action and liquidity flows. This suggests that the market is beginning to regain balance, with price movements becoming more aligned with underlying liquidity dynamics compared to previous periods. This divergence between rising prices and weak CVD reflects a transitional phase in the market, where the overall direction remains uncertain. On one hand, there are positive signals in the form of price stabilization and improving correlation; on the other hand, persistent selling pressure continues to limit the strength of any potential upward move.