XRP compresses near $1.37 – But THESE 2 signals suggest next move loading
The post XRP compresses near $1.37 – But THESE 2 signals suggest next move loading appeared on BitcoinEthereumNews.com.
XRP derivatives demand strengthened as Binance Taker CVD reached its highest level since November 2024. The shift reflected improving buyer dominance in futures markets. Recent trading data showed aggressive buyers executed roughly 516.4 million XRP in market orders. Meanwhile, sellers executed about 513.1 million XRP, leaving a 3.36 million XRP positive taker delta. That imbalance suggested buyers gradually regained control after months of persistent sell pressure. Higher CVD readings usually reflected stronger taker buy activity across futures markets. Traders appeared increasingly willing to open long exposure. However, XRP price had not yet followed with a decisive breakout. Triangle squeeze keeps XRP near resistance XRP price compressed inside a tightening symmetrical triangle on the 4-hour chart. The pattern showed descending resistance and rising support, narrowing price action. At press time, XRP traded near $1.37 while approaching the triangle apex. Immediate resistance sat near $1.4660, with stronger overhead pressure closer to $1.6494. Meanwhile, support held around $1.3379, preventing deeper declines during consolidation. Repeated reactions along both trendlines highlighted strong market indecision. However, compression structures often precede volatility expansion once the pattern resolves. That setup left XRP at a structural decision point where buyers or sellers could force a directional move. Source: TradingView Momentum indicators cooled after several rapid oscillations within the consolidation range. The Stochastic RSI recently dropped near 5.90, reflecting weakening short-term buying momentum. These readings placed the oscillator close to oversold territory again. Over recent weeks, Stochastic RSI repeatedly cycled between overbought and oversold conditions. Such oscillations usually appear when price trades inside a range rather than a sustained trend. Exchange outflows continue to reduce sell pressure On-chain flow data continued highlighting persistent XRP Exchange Outflows from trading platforms. Recent data showed Exchange Netflows near –$3.12 million, meaning more tokens left exchanges than entered them. Exchange Outflows often signaled holders…
Filed under: News - @ March 13, 2026 7:27 am