XRP Price Sees Improved Liquidity, But Negative Order Flows Remain

XRP's spot trading volume reached its highest level since February in August, but the order-flow data still has some issues. Binance recorded approximately $7.28 billion in XRP spot trading volume, followed by Upbit at $4.68 billion and Bithumb Korea at $2.59 billion.

The moderate relationship between XRP price movement and CVD changes shows a correlation coefficient near 0.43. However, the current reading for CVD remains negative near -8 million.

An onchain analyst sees a potential roadmap for XRP, with prices potentially reaching $2.135 or even $3.40 if past patterns repeat.