Looking at the chart on the 30-Day time frame, the realized volatility is positioned at 0.5266, marking a multi-month low. Volatility Z-Score is at -0.9048, sitting well below the historical average, while price is holding steady at the $1.43 level.
As a result of this setup, Xaif Crypto stated that the question is not whether a move is coming, but rather, if investors are positioned before the impending move occurs. At this point, the expert urges investors to closely watch the Volatility Z-Score because the metric is key to determining the upcoming move.
Once the metric moves back into positive territory, this will serve as the signal that momentum is returning to the market and the next move is close. XRP at $1.43 may look like things are slow, but Xaif Crypto predicts that the altcoin won’t remain in the range for long.
Activity On The XRP Ledger Explodes
