Spot cumulative volume delta worsened from negative $2.27 billion to roughly negative $2.70 billion between Sept. 16 and Sept.
XRP continues to face massive selling pressure led by Binance traders, which could weigh on price.
XRP was down 2.88% over 24 hours, with long positions accounting for nearly all liquidations during the hourly drop.
XRP broke under 160.50 Monday, sliding to 160.47 after a 2.9% single-day drop.
XRP is looking into the third retest on the multi-year Gaussian Channel with three targets on deck.
The XRP Ledger (XRPL) is preparing to launch major upgrades that will open up new commercial uses for the network. According to Vet, the community lead at the XRPL Foundation, two fundamental amendments — Batch and Permission Delegation — have reached the final stage of validator voting.
XRP fell from $1.53, while one-hour liquidations totaled $900,000 for long positions and $30,000 for shorts.
Peter Brandt finds the XRP chart interesting enough to consider a bet on the token. However, the trading veteran does not confirm any purchase and does not renew his previous target of 5.40 dollars in his latest post.
XRP traded near $1.48 before Evernorth's September 30 vote. Oversold hourly RSI meets bearish EMA signals below $1.55 resistance.
Long positions accounted for $10.88 million of XRP liquidations over 24 hours, compared with $1.11 million for shorts, during a Sept. 28 crypto-market selloff.
The transaction category includes XRP transfers, issued-token payments and cross-currency activity using order books or automated market makers.
Armada's August trust balance and a conditional note show possible funding, but redemptions and spending choices will decide any new token purchases.