XRP Just Printed A Rare Binance Signal As Market Volatility Accelerates
XRP is trying to recover the $1.15 level after falling to its lowest price since 2024, erasing much of its recent rebound. A Binance volume metric, the XRP Volume Z-Score, spiked to about 4.5, its highest in four months, showing trading activity far above the 30-day average. That kind of surge usually signals heavy selling, forced liquidations, or major repositioning by large holders. The key point is that the volume spike happened while price was dropping to around $1.13, indicating strong sell-side pressure rather than buy-side support. The spike was brief and then quickly normalized to about -0.70, meaning current activity is now below average. That suggests the exceptional trading event has already passed, but the market may remain volatile after such a sharp repricing. The current rebound will need stronger participation to hold above $1.15.
