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Binance $XRP CVD Confirmation Score data shared by CryptoQuant reveals that selling pressure on $XRP continues and that a real recovery in demand has not yet been seen in the market.
The CVD Confirmation Score indicator evaluates price movements together with Cumulative Volume Delta (CVD) data. CVD measures the net difference between buy and sell orders executed in the market, and the indicator is used to analyze whether the price trend is supported by actual liquidity flows.
According to the data, the $XRP price has gradually declined in recent months, falling from levels above $2 to approximately $1.07. During the same period, the value of $XRP CVD on Binance was recorded at approximately minus 6.93 million.
The fact that CVD is in negative territory indicates that executed sell orders are higher than buy orders. This suggests that selling pressure is still stronger than buying interest in the Binance spot market.
$XRP’s 30-day Price-CVD Confirmation Score has stabilized at approximately 0.84. While this value appears relatively positive, according to CryptoQuant, current levels do not indicate strong enough buying demand to support a sustained reversal in the price trend.
The indicator shows that the relationship between price movements and order flows continues, but current liquidity flows favor sellers rather than buyers. This is considered a factor reinforcing the prevailing bearish trend in $XRP.
The fact that the CVD value remains in negative territory and there is no significant improvement in the Confirmation Score increases the likelihood that $XRP’s short-term price momentum will remain weak.
Conversely, a sustained recovery in CVD and its move into positive territory, especially if accompanied by an increase in the Confirmation Score, could be one of the first signals that new liquidity and buyer demand are entering the market.
*This is not investment advice.