XRP's Price Volatility Crashes to Lowest Level Since Trump's Victory. What Next?

Description

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. A measure of XRP's XRP price volatility has crashed to the lowest level since President Donald Trump's victory in the U.S. elections in November. Still, it's not yet at the level which has historically presaged strong directional trends. XRP's 30-day annualized realized volatility, a measure of how volatile prices have been over the past four weeks, recently dropped to 44%, the lowest since earl...