XRP (CRYPTO: XRP) realized volatility hit a three-month low on Wednesday as three major exchanges saw intensified withdrawal activity.
What The Volatility Drop Is Telling Traders?
CryptoQuant analyst Arab Chain noted on the platform that XRP's 30-day realized volatility on Binance has fallen to roughly 0.34, its lowest reading in three months, while price holds near $1.07.
The decline reflects a significant drop in daily price swings as the market enters a period of calm following the elevated volatility seen in June.
History shows these quiet periods rarely last, with volatility typically expanding on major news, stronger volume, or a shift in sentiment.
