On-Chain Data Shows XRP Price Bottom Might Be Further Below — Here’s Why

After a poor performance in the first two months o

On-Chain Data Shows XRP Price Bottom Might Be Further Below — Here’s Why

On-Chain Data Shows XRP Price Bottom Might Be Further Below — Here’s Why

After a poor performance in the first two months of the year, the XRP price appears to have steadied its movement, rousing the hopes of relief among investors. However, the latest on-chain analysis suggests that the altcoin might not have hit its true local price bottom yet. 

Source: @joao_wedson on X
The price of XRP on the daily timeframe | Source: XRPUSDT chart on TradingView

Featured image by DALL-E, chart from TradingView

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