XRP Nears Capitulation, $2.80–$2.90 Range Defines Next Breakout or Breakdown

• Glassnode data shows XRP short-term holders near capitulation after sentiment shift.
• XRP consolidates at $2.80–$2.90 as volume drops 25% and liquidity weakens further.
• RSI at 43.71 and bearish MACD crossover highlight ongoing negative momentum.

XRP traded at $2.87 showing a 0.34% daily increase after rebounding from an intraday low of $2.78. Market capitalization stood at $171.9 billion, with a fully diluted valuation near $287.5 billion based on its 100 billion token supply. 

Trading volume slipped 25% to $5.36 billion, lowering the volume-to-market cap ratio to 3.11% and reflecting weaker liquidity. Analysts said the token is consolidating between $2.80 support and $2.90 resistance, awaiting stronger catalysts to regain momentum.

Related: XRP Loses Key $3.13 Resistance, $77M Long Liquidations Add to Sell Pressure

NUPL Data Points t…

Read The Full Article XRP Nears Capitulation, $2.80–$2.90 Range Defines Next Breakout or Breakdown On Coin Edition.