XRP Spot Volume Hits Six Month High as Price Eyes $2.13

XRP is showing signs of renewed life in the market. Spot trading volume just reached its highest level since February, signaling that traders are paying close attention to the asset once again. Many are watching for a move toward the $2.13 level as market activity picks up steam.

Despite the jump in volume, the trend is not entirely one sided. Data shows that the 30 day price to CVD correlation has improved to 0.43, which is a positive sign for price stability. However, the cumulative volume delta remains negative near negative eight million, suggesting that sellers are still active in the current environment.

While more participants are entering the market, buyers have not fully gained the upper hand just yet. Watching how the volume holds up against the ongoing selling pressure will be key for those tracking XRP. If the buying momentum continues to build, the path toward higher resistance levels may become much clearer.