INSUBCONTINENT EXCLUSIVE:
the Ripple-associated token was trading under $0.50, are now realizing profits at a pace of $68.8 million per day (7-day average), per
Most of the realized profit activity is coming from this group, signaling a wave of distribution now that prices have tripled.XRP metric
Back then, XRP surged to over $2.50 from around $0.005 in under a year, leading to a spike in profit-taking behavior by high-margin
Source: GlassnodeThe realized profit from >300% gainers peaked just before the market topped, which followed a 90% downtrend
XRP faces risks of further correction in the coming months if the fractal plays out as it did in 2017-2018.Adding to this concern, over 70%
Source: GlassnodeThis means the market is now heavily concentrated in newer holders, creating a top-heavy structure that is historically
SOPR tracks whether coins are being sold at a profit or loss.XRP SOPR by age
XRP realized price by age
reversal pattern when formed during an uptrend
XRP/USD weekly price chart
Source: TradingViewAlternatively, a decisive bounce from the 50-week exponential moving average (50-week EMA; the red wave) could invalidate
the downside setup, enabling XRP for a climb toward $3 or above.This article does not contain investment advice or recommendations
Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
