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Altcoins & DeFi

XRP cumulative volume delta plunges $1.18 billion, analysts debate capitulation

Image: CoinTurk News

Crypto analyst Xaif, known online as Xaif_Crypto, published an analysis signaling a major shift in the market structure for XRP. His recent investigation revealed a sharp decline in XRP’s cumulative volume delta (CVD), which tracks the net difference between buying and selling volume over time. According to Xaif, XRP’s CVD dropped from nearly neutral to around -1.18 billion. He pointed out that both the green and purple moving averages on his TradingView chart are sloping downward, showing no signs of leveling off. As of the latest reading, the CVD stands at the lowest point on the chart, with the price of XRP at 1.2983. The CVD’s downward trajectory suggests that selling activity has consistently outpaced buying, indicating pressure from sellers dominating over multiple sessions rather than short-lived surges.

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