- When XRP’s price valuation deviates from its spot CVD level it signals investors would consider buying at strategic support zones.
- The current price-line movement of CVD shows a possible transformation in market structures because investors are buying passively amidst market selling activity.
- The price stability above $2.00 helps validate building a bottom because continual range stability indicates a future short-term market bottom.
A notable shift in XRP’s short-term trading dynamics has emerged, as price movement begins to diverge from spot cumulative volume delta (CVD), pointing to potential spot absorption at recent lows. XRP shows signs of establishing a local market bottom after reaching the $1.60 support zone through its lower-time scale price activity.
Data from CredibleCrypto chart reveals that while spot CVD continues to trend downward—indicating persistent market selling—XRP’s price has begun to rise.The abnormal market conditions create a situation where relentless sellers encounter passive buying activity which absorbs the price pressure.
Previous market trends showed CVD and XRP price moving in sync which created stronger directional force. Such market divergence suggests upcoming changes to traditional patterns which indicate possible changes.
Key Support Level at $1.60 Holds Firm
The divergence started at the same moment XRP hit the $1.60 price area which previous analysts designated as a potential buying region. The price made a pronounced reaction at the point it created a higher low which suggested that the area functions as short-term support. Markets view this resistance as accumulation activity since prices reacted differently compared to previous breakdowns which faced no resistance during selling pressure.
XRP Holds Above $2.00 as Market Shows Signs of Consolidation
At press time,XRP was trading at $2.09, up 1.0% on the day. The 24-hour price range has been tight, fluctuating between $2.06 and $2.09. The 24-hour price range remains confined between $2.06 and $2.09 points.
The price movement between $2.06 and $2.09 alongside the minor upward trend indicates that market forces are currently consolidating recent market volatility. The limited changes in price support the absorption idea because spot CVD continues to fall. Current market expectations of a short-term bottom become stronger if prices remain above $2.00 during ongoing spot selling activities.
Final Thoughts
The market movement combines diverging price and CVD data while the $1.60 support area experiences a participation reaction in XRP’s trading structure. What occurs within this area does not indicate an entire reversal but the growing appetite of market entities to absorb selling pressure suggests trend reversal potential. Continued monitoring of price action and volume behavior will be essential in the sessions ahead.
