XRP traded within a 2.4% range on Tuesday, November 3, moving between $1.2355 and $1.2646 since Saturday. That marked the second-tightest four-day range on Binance since early 2024, even as Solana, Cardano and Dogecoin continued to decline.

The token was trading at $1.256, exactly where it opened on Saturday, making XRP the calmest major cryptocurrency in an otherwise unsettled market. Over the same period, Bitcoin moved through a 3.3% range and Solana through 6.8%, while most large-cap altcoins closed lower.

Trading activity in XRP has also weakened. The XRPUSDT pair on Binance recorded approximately $28 million in volume on Saturday and $38 million on Sunday, compared with an October daily average of $126 million. These figures measure activity on Binance’s XRPUSDT market rather than consolidated trading across every venue. Meanwhile, XRP’s four-hour Bollinger Bands, which measure how far an asset’s price moves from its average, narrowed to their lowest level since at least January 2025.

The last comparable period of low volatility occurred in mid-August, when XRP traded at about $1. Several days later, the token rose 71% over three sessions. That earlier move has drawn attention to the current compression, although the present range does not indicate which direction a potential breakout could take.

Can someone tell me wtf this is that’s been going on for two days? $XRP pic.twitter.com/asPAqAXJrx — XRPawn Shop (@Xrpawnshop) November 3, 2026

XRP’s Range Is Among the Narrowest for Major Coins

Since 00:00 UTC on Saturday, the difference between XRP’s highest and lowest prices has been just 2.4%, the narrowest range among the seven largest cryptocurrencies by the measure cited in the report.

The daily price data shows the same pattern:

• Saturday: a 1.6% range on $28 million in volume
• Sunday: a 1.4% range on $38 million
• Monday: a 2.4% range on $94 million, when the Binance hacker moved stolen XRP
• Tuesday so far: a 1.4% range

Binance’s daily data dating back to February 2024 shows only one tighter four-day period. Between August 15 and 18, XRP traded between $0.9882 and $1.0086. The token broke out on August 19 and reached $1.6999 three days later.

The current lack of movement has coincided with reduced activity from both buyers and sellers. Several factors associated with XRP’s recent trading have remained relatively quiet at the same time.

The 233.46 million XRP stolen from Binance remains distributed across six wallets and had not moved as of 10:15 UTC on Tuesday. The possibility that a sale could place significant pressure on order books has contributed to traders waiting for further developments, according to the report.

U.S. spot XRP funds recorded a net outflow of $529,510 on Monday, an amount described as close to zero after the funds attracted only $18.83 million during October.

Ripple released 1 billion XRP from escrow on Sunday and immediately placed 700 million XRP back into escrow. The report described the transaction as part of the company’s routine monthly process.

Santiment counted 7,934 new XRP wallets on Sunday, the sixth-highest daily total of 2026. However, the increase in wallet creation had not translated into additional buying activity, according to the report.

The United States was holding its midterm elections on Tuesday, while Bitcoin exchange-traded funds recorded $398.6 million in outflows on Monday. Those developments formed part of a broader backdrop in which traders appeared less willing to take large positions in either direction.

Analyst Says the Compression Does Not Establish a Direction

Analyst Ali Martinez identified $1.23 to $1.27 as a “no-trade zone” until a four-hour candle closes outside that range. “A squeeze doesn’t predict direction,” Martinez wrote on X.

XRP: A BIG MOVE IS COMING The Bollinger Bands on the 4-hour chart have squeezed to their narrowest levels since August. The last time they were this compressed, $XRP rallied 71% in just three days. But a squeeze doesn’t predict direction. That’s why I’m watching: • 4H close… pic.twitter.com/Dy2vRNlXWZ — Ali Charts (@alicharts) November 2, 2026

The four-hour Bollinger Bands have reached their narrowest levels since August. Although the previous comparable compression was followed by a 71% rally in three days, the indicator itself does not establish whether the next significant move will be higher or lower.

XRP has reached this level of quiet only once before in 2026, and that period ended with a 71% rally. The upcoming midterm results or a subsequent transfer by the Binance hacker could affect the market’s next move, but neither event provides a confirmed direction for XRP.

Source: https://99bitcoins.com/news/altcoins/xrp-news-flat-price-squeeze/