XRP's Volatility Hits Three-Month Low Ahead of Potential Price Shift
XRP has seen its volatility drop to a three-month low, currently trading at $1.05 after slipping 1.51% over the last 24 hours.
According to recent on-chain data from Binance, XRP's 30-day realized volatility rate has fallen to around 0.34 as of August 5, indicating a decrease in price movement.
This lower volatility may signal that XRP is entering a consolidation phase, where prices will move sideways until the next driving force is identified by investors.