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.
Latest News
- AVAX jumps 40% in TVL: Will traders drive the next leg up?2025-07-29 06:03:37
- SharpLink stakes big on Ethereum: Are institutions moving away from BTC?2025-07-29 05:16:57
- Bitcoin volatility hits 70%, echoes 2023 lows: Will history repeat itself?2025-07-29 04:03:04
- Mapping Bitcoin’s climb to $122K and why stablecoins can spoil the party2025-07-29 03:03:29
- Optimism surges 13% on Upbit news: OP’s next move depends on…2025-07-29 02:15:13