XRP Sends Bullish On-Chain Signal Despite Weak Price Action
NewsBTC·60-word summary·1 min read
Despite trading below its realized price of $1.4862, XRP shows signs of on-chain stabilization, with a spot price of $1.4343. Data from Alphractal indicates the MVRV ratio below 1.0 and a NUPL in the "Fear" zone, suggesting the market is in late bear consolidation rather than panic. The network remains fragile but not capitulating, with a market cap of $88 billion.
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