Calm Before A Major Move: XRP Leverage Flush Points To Possible Squeeze

XRP is trading in a quiet range between $1.38 and $1.40, but new derivatives data indicates the calm may be masking a more unstable setup beneath the surface. A CryptoQuant analysis by Pelinay shows that XRP’s leverage structure is low and moving sideways, while its price action has been relatively higher than the leverage, and this has created a divergence that history has shown to resolve through a forceful explosive move. Related Reading: Bitcoin’s Path To $100K May Happen Before Anyone Under