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XRP cumulative volume delta plunges $1.18 billion, analysts debate capitulation

XRP cumulative volume delta plunges $1.18 billion, analysts debate capitulation

Photo: CoinTurk News

Crypto analyst Xaif, known online as Xaif_Crypto, published an analysis signaling a major shift in the market structure for XRP. His recent investigation revealed a sharp decline in XRP’s cumulative volume delta (CVD), which tracks the net difference between buying and selling volume over time. According to Xaif, XRP’s CVD dropped from nearly neutral to around -1.18 billion. He pointed out that both the green and purple moving averages on his TradingView chart are sloping downward, showing no signs of leveling off.

Source: CoinTurk News

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