XRP Steady Above $2 as Market Volume Z-Score Indicates Calm Conditions

XRP is currently trying to maintain stability above the $2 mark following a period of significant selling pressure. Despite recent market fluctuations, data suggest that the trading behavior around XRP remains balanced, with no signs of panic among investors. The volume Z-Score indicates normal trading activity, reflecting a phase of market consolidation rather than speculative frenzies.

Key Takeaways

XRP is consolidating above $2, showing balanced trading despite selling pressure.
Current volume Z-Score stands at 0.44, indicating stable market conditions, neither overly excited nor too pessimistic.
The absence of abnormal trading volume suggests a potential consolidation phase after recent volatility.
XRP must reclaim levels above $2.30–$2.40 to generate bullish momentum, while trading below major moving averages signals ongoing weakness.

XRP Volume Z-Score Suggests Market Stability

Recent analysis indicates that XRP's price movements are not driven by excessive speculation. Instead, they show balanced trading between buyers and sellers. Although XRP has held above the $2 level, the low volume Z-Score suggests there's no significant excitement in the market. This indicates a period of consolidation or accumulation following the volatility seen recently.

Binance XRP Volume Z-Score | Source: CryptoQuant

This type of Z-Score is typical during times when market participants expect clearer price direction. In such situations, prices can fluctuate within a range, as liquidity remains adequate and no side of the market gains full control.

Should XRP's price rise and the Z-Score surpass the 1.5–2.0 range, it would indicate fresh investment flowing into the market, possibly starting a stronger upward trend. This scenario would confirm renewed interest among buyers.

Conversely, if trading volume diminishes and the Z-Score drops to zero or negative, it indicates dwindling interest, which could lead to renewed downward pressure or continued sideways movement as liquidity weakens. Currently, the Z-Score does not produce a definitive buy or sell signal, but highlights an environment of stability requiring volume confirmation for any substantial price movements.

XRP Price Faces Challenges Near Critical Moving Averages

Currently, XRP trades around $2.05, having faced a prolonged selling phase, as depicted in the daily chart. The recent recovery from below $1.90 suggests buyers are trying to defend the crucial $2.00 psychological level—an important pivot point in this market cycle. Despite this, XRP remains below its significant moving averages, highlighting its weak structure.

XRP daily consolidation | Source: XRPUSDT chart on TradingView

The chart reveals XRP is significantly below the 200-day moving average (marked in red), located near the $2.55–$2.60 area, which now acts as key medium-term resistance. The 100-day and 50-day moving averages (shown in green and blue) are also trending downward, supporting a bearish outlook following the failed breakout above $3.50 in late 2025. Each recovery attempt has been thwarted by these resistance levels, indicating ongoing distribution rather than active accumulation.

From a structural perspective, XRP continues to register lower highs and lower lows, even amid short-term rebounds. The relatively low trading volume during this recovery indicates a lack of conviction behind the trend, suggesting it's merely a corrective phase rather than the start of a new upward movement.

For XRP to regain bullish momentum, it must consistently hold above the $2.30–$2.40 range and break above the 200-day moving average. Until then, the prevailing market structure favors either consolidation or further downside risk.

Featured image from ChatGPT, chart from TradingView.com