Home BlockchainHow a Bearish XRP Price Metric Is Now Fueling Bullish Hopes — $1.70 Reclaim Possible?

How a Bearish XRP Price Metric Is Now Fueling Bullish Hopes — $1.70 Reclaim Possible?

by Vivek Kumar
0 comments
XRP Price Structure

The XRP price remains under pressure in early February as broader market weakness continues to weigh on altcoins. The token is still down nearly 25% on a monthly basis and remains locked inside a long-term falling channel.

Recent rebounds have failed to shift the broader trend. Exchange flows and price structure continue to reflect elevated risk. However, deeper on-chain data suggests that recent selling pressure may be coming mainly from short-term holders rather than long-term investors. This…

You may also like

Leave a Comment