XRP’s Realized Volatility Drops to 3-Month Low on Binance

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XRP’s realized volatility on Binance has dropped to its three-month low, reaching approximately 0.34, signaling one of the quietest periods for the asset in recent months. XRP is currently trading around $1.07, following a price decrease of about 1.68% over the last day. This decline in volatility suggests that XRP could be preparing for a parabolic price move, although a decrease in volatility does not indicate whether prices will move higher or lower. Historically, XRP has consistently logged negative price returns in August.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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