Selling pressure on XRP remains firmly in control on Binance, with key order-flow metrics showing no sign of a trend reversal. The token, which traded above $2.00 earlier this year, now sits near $1.07, and a fresh analysis by CryptoQuant contributor ArabxChain ties the persistent decline to a deeply negative Cumulative Volume Delta (CVD).
The Binance XRP CVD reading sits at negative 6.93 million, a level that has held for weeks rather than days. This sustained imbalance means sell orders have consistently outweighed buy orders throughout the entire slide from $2.00 to current levels. The 30-day Price-CVD Confirmation Score, meanwhile, registers 0.84 — a figure that may appear stable at a glance but, according to the analysis, lacks the necessary buying strength to flip the trend. The score merely indicates the structural relationship between price and order flow remains intact, without confirming which side will dominate next.
For a genuine recovery signal, the CVD would need to turn positive — actually crossing into positive territory — alongside a rising Confirmation Score. That combination has yet to materialize. Additional data from CryptoQuant shows Binance funding rates for XRP jumped 266% even as open interest slid toward $399 million, suggesting leveraged positions are being flushed out. Spot CVD, however, shows that conviction among directional traders never fully returned.
Ripple’s own history offers a stark backdrop. CEO Brad Garlinghouse recently revealed that the company once considered dissolving entirely rather than continue its legal battle with the SEC. While that existential threat has passed, XRP traders in mid-2026 are dealing with a more grinding challenge: order books still dominated by sellers.
