XRP Price Teeters at Support Zone as Heavy Selling Persists

XRP price has been trading at $1.37, down 2% in the past 24 hours and stuck in the crosshairs of a crucial support zone.

The pullback from August's rally has erased some gains, but the real story is happening beneath the surface, where heavy selling pressure persists despite minimal price damage.

The aggregated futures cumulative volume delta (CVD) fell to $5.89 billion negative as the price climbed, indicating a significant amount of selling activity.

Open interest spiked toward $1.4 billion during the rally before cooling off to around $1.2 billion, suggesting leveraged positions are being unwound rather than piled on.