XRP Volume-Price Divergence: Falls by 6% but Absorbs $4 Billion, Can ETF Expectations Reverse the Situation?

Question

[Coin World] XRP&#39;s recent trend is quite interesting - the price has fallen by 6.74%, now at $2.04, but the volume has actually gotten liquidated, surging 92% within 24 hours directly to $3.92 billion. Behind this operation, the entire crypto market is actually suffering, with liquidations alone wiping out $638 million, and long positions hit the hardest.Market analysts blame this fall on two factors: liquidity exhaustion and macroeconomic uncertainties. However, it&#39;s not all bad news; Ripple has secured a broader payment license in Singapore, and the rumors about 21Shares launching an XRP spot ETF are becoming more credible, so there is still some positive sentiment in the market.

StableBoi · Accepted Answer

The divergence between volume and price is saying that someone is buying the dip. A trading volume of 3.9 billion won&#39;t lie.

If the ETF really gets launched, this drop in XRP is the opportunity to enter a position, but I&#39;m afraid it will just be empty talk.

WhaleMistaker · Answer

The divergence between volume and price indicates that Large Investors are quietly positioning themselves. Even after breaking down, they dare to throw in 4 billion in transactions; they are either institutions or fools.

SellLowExpert · Answer

The divergence between price and volume in this market really leaves people scratching their heads. It feels like gambling on when the other side will collapse.

With the Singapore license and ETF rumors hitting simultaneously, this must be paving the way for a rebound.

With a trading volume of 3.9 billion, it’s either institutions buying the dip or retail investors killing each other, there’s no middle ground.

Wait a minute, this wave of liquidations is only over 600 million? Last year’s round started at dozens of billions; the market has really cooled down.

If the ETF really comes, the 2.04 position is definitely not the ceiling.

TeaTimeTrader · Answer

The divergence between volume and price this time is a classic sign of being played for suckers, but the 4 billion volume is indeed a bit fierce.

With XRP&#39;s rhythm, we have to wait for the ETF to land before we can see clearly.

With the support of the Singapore license, there’s still hope for long positions.

Wait a minute, will this round of liquidation directly bankrupt small investors?

At a price of over 2 bucks, I&#39;m still debating whether to buy the dip.

BearMarketBuilder · Answer

The divergence between volume and price is being played skillfully, this is the taste of market maker whipsaw.

If the ETF really lands, it is estimated that it could reverse, let&#39;s wait and see.

The Singapore license this time is considered substantial favourable information, but unfortunately, it has been directly suppressed by liquidity.

638 million cleared, long positions died unjustly, leverage is gone.

This position at 2 dollars is actually a good place to lie in ambush.

This kind of trend indicates what? There are still people buying the dip.

XRP is just waiting for that last kick from the ETF, really.