- •XRP’s current structure aligns with BNB’s pre-rally pattern, hinting at potential for a $4.50 move.
- •Despite a 14% daily drop, XRP’s trading volume surged 277%, showing robust liquidity activity.
- •Investor sentiment remains bullish with 88% optimism and institutional interest rising.
XRP’s recent correction comes amid rising market activity and strong structural comparisons to BNB’s historic parabolic rally. Despite a 14% daily drop, growing trading volumes and bullish sentiment indicate that investor confidence remains intact across the broader market landscape.
XRP’s Market Structure Mirrors BNB’s Parabolic Formation
A chart shared by @cryptoWZRD_ presents a compelling comparison between XRP’s ongoing market structure and BNB’s earlier parabolic rise. Both assets demonstrate a consistent buildup of higher lows, rounded consolidations, and long-term base formation above a defined horizontal support. This configuration often precedes powerful expansions once accumulation phases conclude.
The upper section of the chart, representing XRP, shows a maturing reaccumulation pattern following a deep correction cycle. The parallel with BNB’s lower chart emphasizes how both assets held above critical support zones before breaking into steep rallies. The annotation “WAITING FOR THE NEXT RALLY” reflects expectations for a similar move, as XRP maintains stability above its key support level.
From a broader technical view, XRP’s chart reveals a forming parabolic curvature, symbolizing increasing market momentum and decreasing supply pressure. Historically, such setups have preceded rapid advances as liquidity deepens and market psychology shifts from disbelief to euphoria. As long as XRP holds its base structure, the potential for a continuation toward the projected $4.50 target remains valid.
Trading Metrics Indicate Strong Market Participation
As of the time of writing, CoinMarketCap data shows XRP trading at $2.41 with a downward trend of 14.08% in the last 24 hours. In spite of this decrease, the activity increased with 24‑hour trading volume of 24 higher by 277.36% to $20.12 billion. Such high turnover indicates active participation in the market, and would imply profit‑taking and profit‑building after increased volatility.
The market capitalization of XRP is $144.6 billion, which makes it one of the largest crypto commodities. The Volume‑to‑Market Cap ratio of 13.87 was an indication of maintained liquidity, which enables price discovery to move in the market in a swinging manner. The fully diluted valuation (FDV) of 241.31 billion indicates that approximately 60% of the entire 99.98 billion XRP supply is being used to ensure stability in issuances and supply.
The price briefly dropped from $2.74 to below $2.10 before rebounding near $2.40, forming a liquidity sweep pattern. This move likely resulted from leveraged liquidations followed by rapid absorption from buyers around the $2.30–$2.40 support area. Such behavior indicates strong underlying demand and suggests consolidation before renewed upward movement.
Sentiment and Broader Market Comparison
Market sentiment remains optimistic, with 88% of traders holding bullish views, supported by ETF speculation and institutional interest. Analyst DavidTheBuilder noted that large market players are contributing to XRP’s price stability near the $2.40 mark, despite short‑term pressure. This consistency mirrors BNB’s behavior before its parabolic advance, where confidence persisted even during temporary declines.
BNB currently trades at $1,089.30, reflecting a 13.72% daily and 7.30% weekly decrease. Yet its historical path remains a useful benchmark for XRP’s potential trajectory. Both assets share a narrative of consolidation followed by volume expansion and a sustained defense of key support zones.
If XRP continues to maintain its base above $2.30–$2.40, the setup aligns closely with BNB’s pre‑rally conditions. The increase in volume, coupled with strong liquidity and widespread participation, suggests that XRP’s correction may represent a structural reset before further expansion toward the $2.75–$3.00 resistance range and possibly the $4.50 level projected by @cryptoWZRD.