XRP Demand Crumbles Under Pressure as Sell-Side Trends Gain Ground

The XRP price has continued to struggle, recording a 2% loss over seven days and similar losses over the month.

Crypto analysts have sounded the alarm on crumbling demand for XRP under pressure from sell-side liquidity trends.

Data from CryptoQuant shows that centralized exchanges' transactions, alongside liquidity movements, are favoring sellers in XRP. Binance Cumulative Volume Delta (CVD) is at -6.93 million, indicating a shortfall in sustained bullish interest in the asset, heightening crypto market fears.

The CVD measures the net between inflows and outflows, with recent dumping and price declines contributing to XRP's downfall. The metric has been in negative territory for some time, increasing the likelihood of weak short-term momentum.