Options data published by Coinbase Markets suggests that $BTC could experience a 5.8% price fluctuation; $ETH a 7.7% fluctuation; and $SOL and $XRP an 8.7% fluctuation.
$XRP’s Volatility Expected to be Above Historical Average!
The expected move of $XRP, as priced into the seven-day options market, is at 8.7%.
Coinbase data shows that the median seven-day price movement of $XRP in historical periods is 4.9%. Accordingly, the current volatility expectation for $XRP has reached approximately 1.76 times the historical volatility of $XRP.
This ratio represents the highest historical volatility premium for $XRP among Bitcoin, Ethereum, Solana, and $XRP.
According to Coinbase’s options data for the same period, Solana is also at the same level as $XRP with an expected move of 8.7%. In contrast, this rate was measured at 7.7% for Ethereum and 5.8% for Bitcoin.
What’s Next for $XRP?
The direction of the calculated 8.7% move for $XRP is not yet clear. This is because implied volatility in the options market reflects investors’ expectations regarding the magnitude of price movements, and does not offer a definitive prediction of whether it will be upward or downward.
Given that $XRP’s current price is around $1.25, an 8.7% move could mean an upward move to approximately $1.36, or a downward move to around $1.14.
*This is not investment advice.
