Krutika Adani
Ripple moved $438M worth of XRP, triggering panic. While some feared a sell-off, XRP held steady around $2.16. But is a bigger move coming?
With many investors sitting on profits, XRP’s high MVRV ratio could spark selling if sentiment weakens—despite current bullish vibes.
Instead of piling up for a dump, XRP is leaving exchanges. That’s often a bullish sign suggesting accumulation, not liquidation.
Decentralized XRP trading is booming. This shift shows investors may be bracing for a breakout—or hedging against a potential dump.
Price action is coiling. A move above $2.35 could trigger a rally to $2.61. But failure to hold support could mean the dump fears weren’t false alarms.