XRP Price Predicted to Fall to $1.07 as Sell Flow Overwhelms Market
XRP is currently trading at $1.10 in a state of volatility vacuum, with aggressive sell flow overwhelming the market. According to blockchain.news, this setup is particularly dangerous due to the convergence of moving averages stacking directly overhead within a one-cent band.
The Bollinger Bands have tightened, and momentum indicators are hovering in no-man's land, indicating a dead pause before something moves hard. The 200-day SMA sits at $1.39, with XRP trading more than 21% below its long-term average, further emphasizing the structural downtrend.
The positioning data shows retail positioned at 73% long, while top-tier traders are running an even more aggressive 76% long. However, the taker buy/sell flow reveals a different story, with active sellers running nearly 1.45 times the aggression of buyers in the current session.