XRP\u2019s latest downswing has dragged price into a cluster of long-term volume and mean-reversion levels, with one prominent market technician flagging Korea as the epicenter of near-term spot selling.<\/p>\n
In charts shared<\/a> over the past 24 hours, trader Dom (@traderview2) said XRP has \u201creached the 12M rVWAP for the first time this year,\u201d adding that it \u201creally isn\u2019t a level we want to be trading under for awhile.\u201d He warned that if bulls lose that 12-month rolling VWAP, \u201cwe are looking at the range low of $2 as the next area of interest,\u201d whereas a swift recovery would require \u201c$2.50 [to] regain to get out of danger area.\u201d<\/p>\n Dom also pointed to order-book composition: \u201cSpot orderbooks are skewed towards bids right now which is positive, but snapping the local low will likely send us back to $2 where the rest of the bids sit.\u201d<\/p>\n Dom\u2019s VWAP-suite chart places spot price pressing directly into the 12-month rolling VWAP<\/a> ribbon after failing to sustain above the prior distribution shelf, a configuration that often separates trending from mean-reverting phases. Testing this line for the first time this year is notable because multi-month rVWAPs act as dynamic fair-value proxies; sustained closes below them historically coincide with further probing of high-volume nodes beneath.<\/p>\n The geographic concentration of selling has amplified the risk of a deeper tag of that range. Dom said the bulk of the spot pressure was exchange-specific: \u201cThey do NOT look happy over there in Korean\u2026 84% of all the spot sell pressure over the last 2 days has came from Upbit.\u201d<\/p>\n A cumulative volume delta (CVD) breakdown by exchange corroborates the outsized role of the Korean venue<\/a>, with Upbit\u2019s CVD line deeply negative while Binance, Coinbase, Bybit, OKX, Kraken and Bitstamp hover comparatively flat near the zero line. In practical terms, that mix indicates real-coin distribution flowed predominantly through the KRW corridor even as other USD- and USDT-based venues showed less aggressive net selling.<\/p>\n A separate high-timeframe chart from IncomeSharks frames the downside magnet with simple clarity. The analyst posted a daily XRP\/USD view with a broad demand zone centered just under $2.00 and commented: \u201cXRP \u2014 If you missed it under $2 you\u2019ll probably have a chance to bid it again.\u201d<\/p>\n The chart highlights how the late-summer impulse failed to retake overhead resistance and how subsequent lower highs left a clean air pocket toward the December\u2013March value area that begins around the psychologically dense $2.00 handle. The analyst expects a retracement as low as $1.80-$1.70 if the psychological important $2 mark<\/a> doesn\u2019t hold.<\/p>\n At press time, XRP traded at $2.21.<\/p>","protected":false},"excerpt":{"rendered":" XRP\u2019s latest downswing has dragged price into a cluster of long-term volume and mean-reversion levels, with one prominent market technician flagging Korea as the epicenter of near-term spot selling. XRP Faces Crucial Support In charts shared over the past 24 hours, trader Dom (@traderview2) said XRP has \u201creached the 12M rVWAP for the first time […]<\/p>\n","protected":false},"author":0,"featured_media":110659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-110658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110658"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=110658"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110658\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/110659"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Korea Dictates The XRP Price Move Once Again<\/h2>\n