XRP Price Volatility Crashed To a 2-Year Low: What’s Next?

Ripple’s native XRP token just entered a rare consolidation phase that has kept it trading inside the same demand zone for weeks. A recent update from Santiment showed nearly 8,000 new crypto currency wallets created on the XRP chain from the day before. Meanwhile, Bitrue Research Institute says the latest XRP-USDT reading has picked up early bullish momentum.

XRP’s biggest monthly downturn was on October 29, 2026, when the major-cap altcoin slumped by 6.9% in 24 hours to briefly fall out of the $1.24 - $1.28 support bubble. Kicking off November with super-stable price performance, the fact that XRP’s trading at the higher boundary of that range after Binance’s $6.4 billion hack incident shows resilience along with the broader market.

The question is if whales are convinced that the local bottom is here. Right now, the on-chain metrics following the big-time investor trend indicate a slight buying momentum persisting. Judging from the Chaikin Money Flow (CMF) on several time-frames, the score has flipped from negative to positive, printing above 0.10 on the 4-hour charts, as well as the one-hour charts.

Digging deeper into the assessment of XRP’s current price momentum, we can establish that leveraged players are also betting on a bounce back. The trading volume on Derivatives spiked by more than 50% to top $2.40 billion. Long versus short liquidations kept nearly evenly split, with $2.43 million & $2.68 million liquidation for Futures-participating bulls & bears, respectively.

The rise towards solid green territory in the Open Interest (OI) weighted funding rate hints at bears now paying for bulls’ positions. This could help the bounce back thesis if the dynamic continues the same path. According to Bitrue Research Institute, the active trading band at $1.247 to $1.264 has a spread of about 1.4% & the once it breaks, the move’s bound to be a big one. 

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