Altcoins News
By Maheen Hernandez
1 / 15
Technical Indicators Signal Bearish Continuation. A look at the 12-hour chart shows the situation remains fragile.
2 / 15
Exchange Flows Hint at Easing Selling Pressure. One important shift that could influence XRP’s next move is the change in exchange flows.
3 / 15
Over 90% of XRP Supply Still in Profit. Despite the drop, it’s notable that over 90% of XRP’s circulating supply remains in profit.
4 / 15
MVRV Z-Score Points to Room for Growth. From a valuation standpoint, XRP doesn’t appear to be in bubble territory.
5 / 15
What to Watch Next. Market watchers will be monitoring several key levels and signals in the coming days:
6 / 15
Final Thoughts. The recent XRP price dip is part of a broader market correction led by Bitcoin’s retracement.
7 / 15
XRP, the native token of Ripple, is feeling the pressure of a wider market cooldown. After shedding nearly 14% in the past week, XRP has now slipped below the psychological $3…
8 / 15
As XRP hovers around $2.70, attention is turning to the $2.60 zone—a level that might offer crucial support in the days ahead.
9 / 15
A look at the 12-hour chart shows the situation remains fragile. The Accumulation/Distribution (A/D) line continues to slope downward, a signal that more investors are…
10 / 15
The Directional Movement Index (DMI) further supports this view. With the negative directional index (-DI) and average directional index (ADX) both above 20, sellers remain…
11 / 15
Although there’s no strong signal of a reversal just yet, traders are keeping a close watch on $2.60.
12 / 15
One important shift that could influence XRP’s next move is the change in exchange flows. On July 23, XRP holders moved a substantial amount of tokens onto centralized exchanges,…
13 / 15
The Exchange Net Position Change metric, which measures the difference between inflows and outflows across platforms, has turned slightly positive.
14 / 15
The reduction in exchange inflows often means fewer tokens are being offloaded, which could help stabilize the price.
15 / 15
Despite the drop, it’s notable that over 90% of XRP’s circulating supply remains in profit. This dynamic may have contributed to the aggressive profit-taking seen recently, but…
The Currency Analytics
Want the full story?