XRP At Risk Of A Drop To $0.80? Analyst Makes The Case
A cryptocurrency analyst has explained how XRP could be at risk of a drop toward $0.80 based on the data of some on-chain indicators. XRP Has Seen Bearish Developments In On-Chain Data In a new Active Addresses on-chain indicator. This metric keeps track of the total number of addresses that are taking part in some…
XRP Whales Are Selling: $50 Million Exiting Wallets Every Day
On-chain data shows the 30-day netflow of the XRP whales has remained deep negative recently, a sign that the asset is under persistent selling pressure. XRP Whale Flow Is At A Negative $50 Million Per Day At The Moment As explained by CryptoQuant community analyst Maartunn in a new Whales” refer to the big-money investors…
XRP Dips Under $3: Analyst Warns $2.6 Or Even $2 Could Be Next
As XRP slides down over 5%, an analyst has highlighted the next possible targets for the asset, based on this technical analysis (TA) pattern. XRP May Visit These Levels Of A Parallel Channel Next In an X post on Sunday, analyst Ali Martinez pointed out how XRP was at risk of observing a further drop if…
XRP MVRV Flashes Death Cross: More Decline Ahead?
An analyst has pointed out that XRP has seen a death cross on its MVRV Ratio, a potential sign that a steeper drawdown could be coming. XRP MVRV Ratio Has Crossed Under Its 200-Day MA In a new MVRV Ratio” refers to an on-chain indicator that tells us how the Market Cap of the asset…
XRP Faces Bearish MVRV Crossover—Price Plunge To Continue?
On-chain data shows the XRP Market Value to Realized Value (MVRV) Ratio has just gone through a crossover that may not be positive for the asset’s price. XRP MVRV Ratio Has Dropped Under Its 200-Day MA As pointed out by analyst Ali Martinez in a new MVRV Ratio” refers to an on-chain indicator that keeps…