Bitcoin News

XRP Sends Bullish On-Chain Signal Despite Weak Price Action

3 hours ago

XRP is showing signs of on-chain stabilization des

XRP is showing signs of on-chain stabilization despite trading below the average holder cost basis, according to data by Alphractal. The data points to a market still under pressure, but one where network activity, exchange supply and leverage conditions do not resemble a panic-driven breakdown.

XRP reclaims the 200-week EMA, 1-week chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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