XRP’s latest rally attempt has stalled just beneath a key volume-weighted average price (VWAP) level that traces back to the asset’s all-time high, according to a market update published on X earlier today by independent trader Dom (@traderview2).
XRP Selling Pressure Is Capping Price Gains
The 12-hour Binance chart shared by the analyst shows XRP/USDT changing hands at $2.4375 at 12:18 UTC-4, up 2.08 % on the session but still unable to reclaim what Dom labels the “ATH VWAP”—a long-term metric drawn from the April 2021 peak. A green band representing that average is currently drifting downward through ≈ $2.47, capping every intraday advance since mid-May.
Beneath the price action, the seller’s footprint is unmistakable. “There’s simply been an overload of market selling and passive buyers have really tried their best to hold it up so far,” Dom wrote, citing proprietary order-flow statistics that record a net outflow of 240 million XRP across spot venu
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