XRP’s $519 mln inflow can cause a breakout, if THIS happens

Main Idea
XRP is gaining market confidence with significant capital inflows and a low NVT ratio, suggesting potential undervaluation and a possible price rebound.
Key Points
1. XRP saw $519 million in capital inflows over three days, indicating strong market confidence and a long-term outlook.
2. XRP's NVT ratio dropped to a four-month low, often interpreted as a sign of undervaluation and genuine usage rather than speculation.
3. Exchange balances for XRP have decreased, showing investors are holding onto the asset, which supports a healthy market structure.
4. XRP's price was $3.26 at press time, nearing its all-time high of $3.84, with RSI and MACD indicators suggesting potential for further upward movement.
Description
With buying pressure building, a price rally could be just around the corner.
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