XRP has seen a distinct pattern in trading behavior with large aggressive sell orders alongside high number of aggressive buy orders
Volatility an 18-day low, but flipping the $3.20 zone is key for a bullish breakout as $2.90 remains as support.has seen a distinct pattern in trading behavior, marked by larger aggressive sell orders alongside a higher number of aggressive buy orders.
This dynamic could lead to heightened volatility in XRP’s price as large sell orders could push prices down, while simultaneous buying by retail investors might provide some upward pressure.Over time, if whales continue to sell and retail interest remains strong, XRP could see a more distributed holding pattern, potentially stabilizing the price.
The critical resistance was $3.20 aligning with the ATH Volume Weighted Average Price and the weekly relative VWAP. The coiling price action and intersection of VWAP at $3.20 suggested a pivotal moment for XRP. Flipping this resistance could affirm the bullish sentiment, potentially setting the stage for a test of previous highs.
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