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XRP News Today: XRP Skew Rises on Major Exchanges as Momentum Shifts

XRP Market Structure Shows Strong Skew Growth Across Binance and Coinbase

Written By : Yusuf Islam
Reviewed By : Shovan Roy

XRP continued to trade near the $2.20 zone as momentum readings and skew values moved higher on Binance and Coinbase, signaling changing order flow conditions across both markets. The charts displayed similar price structures, with XRP showing repeated lower highs and constrained intraday movement across the two exchanges. Skew values rose into positive territory on both platforms, showing increased activity as XRP held a narrow range.

Rising Skew Indicates Shifting Order Flow

XRP charts from Binance showed extended choppy movement after a broad decline. Price action hovered near $2.20 after steady downward swings shaped the market through November. Traders monitored the rising skew metric, which approached nearly 3.84M on the Binance chart. The increase appeared during a period when price action stayed tight, indicating a possible shift toward more active order flow.

The Coinbase chart displayed a similar trend. Skew readings climbed toward 10.92M as XRP traded within the same general structure. This movement formed after an earlier sharp downturn that drove XRP toward the $1.77 area. Price later rebounded into the $2.20 region, where it moved sideways while skew continued rising.

Market observers noted that the two exchanges showed matching intraday structures. Both charts presented repeated downward swings that transitioned into a consolidating pattern. The skew increase on both exchanges suggested that traders continued adjusting positions as momentum readings improved.

This development created an important question for market participants: could the rising skew signal a potential shift in short-term momentum?

Momentum Indicator Shows Gradual Strengthening

The momentum indicator showed extended red zones during earlier declines on both charts. These negative readings followed a long move downward from higher levels seen in late September and October. As the market entered mid-November, the indicator shifted into the positive zone.

On Binance, the indicator moved into sustained yellow territory, matching the period where price held the $2.20 region. The circled portion on the chart showed the indicator holding steady in the positive band, suggesting ongoing momentum improvement.

Coinbase showed the same shift. The momentum reading climbed into a yellow band and held that position as skew values expanded. Price maintained a similar structure to the Binance chart, showing lower highs, a sharp early-November drop, and a leveling out around $2.20.

These matching data points across two major exchanges suggested synchronized market behavior. Traders observed the momentum and skew combination as both metrics moved upward at the same time.

Price Structures Mirror Across Exchanges

XRP price action remained consistent across Binance and Coinbase. Both charts reflected sharp downward moves from late October into early November. This created a steep vertical decline on each chart, followed by a sideways channel forming throughout mid-November.

Price stabilized around the $2.20 level after the decline, producing repeated bounces inside a narrow band. Order block profiles displayed light activity zones above and below the current range, suggesting limited liquidity pockets that shaped the movement.

The mirrored structure gave traders clear reference points. The $2.20 area acted as the current pivot on both exchanges, while the earlier breakdown from the $3.00 region remained a significant technical marker.

Skew increases and improving momentum readings were the central data elements visible across the charts, offering traders a unified view of XRP’s near-term structure across major markets.

Also Read: XRP in Trouble? 42% of Holders are Underwater: What’s Next?

Conclusion

XRP holds the $2.20 range as skew rises on Binance and Coinbase while momentum shifts into positive territory. Both charts show matched structures that reveal active order flow. Traders may closely watch XRP skew and momentum levels for the next directional cue.

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