XRP Volatility Nears Historic Lows Despite CME Exchange Futures Launch and ETF Buzz
XRP's price volatility has dropped to its lowest level since November 2016, when Donald TRUMP was elected U.S. president. The 30-day annualized realized volatility recently fell to 44%, a sharp decline from the 150% peaks observed in December and March. This trend highlights an unusually quiet period for the cryptocurrency.
The sluggish price movement continues despite several positive developments, such as the introduction of XRP futures on the CME exchange, multiple spot ETF filings, and favorable regulatory changes under the Trump administration. XRP has been trading between $2 and $2.60 since March, similar to Bitcoin's range of $100,000 to $110,000.
Market analysts point out that volatility typically returns to average levels over time. The current low volatility suggests a potential breakout, though the direction remains unclear. Historically, such periods of compressed volatility have preceded significant price movements in either direction.