XRP Volatility at Three-Month Low Amid Bullish Predictions

XRP's volatility has hit a three-month low on major exchanges like Binance, reflecting a decrease in daily price swings. According to CryptoQuant analyst Arab Chain, XRP's 30-day realized volatility on Binance has fallen to roughly 0.34, its lowest reading in three months.

This calm period in the market may not last long, as history shows that quiet periods rarely persist. Volatility often expands when there is major news, increased volume, or a shift in sentiment.

An Elliott Wave analysis suggests that XRP is completing a major pullback in the $1.00 to $1.06 zone, with momentum showing an early bullish signal. The analyst projects a next leg higher similar in scale to XRP's prior 1,200% rally, with price targets stretching from $6.42 all the way to $43.83 across a 2028 to 2029 timeline.

XRP derivatives volume has jumped 21.79% to $1.56 billion while open interest climbed 2.12% to $2.31 billion, indicating fresh positions are entering the market alongside rising activity. The crowd is overwhelmingly long, with Binance at 2.70 and OKX at 3.25 on the long/short ratio. However, liquidation data cuts against that confidence.