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XRP price jumps 8%, Ripple-linked token may provide great risk-reward at these levels
The token's 30-day and 365-day MVRV, a measure of how far holders are underwater, sit near -45% and -47%, lows Santiment says XRP has never reached before. Some traders read stretched losses as a contrarian signal.
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news.bitcoin.com
Santiment: XRP Returns Sink to Lowest Levels Since December 2020 as Relief Rally Odds Climb
Santiment says the average XRP trader is down about 47%, a multi-year low and MVRV trough that have historically preceded relief rallies.
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coindesk.com
XRP price jumps 8%, Ripple-linked token may provide great risk-reward at these levels
The token's 30-day and 365-day MVRV, a measure of how far holders are underwater, sit near -45% and -47%, lows Santiment says XRP has never reached before. Some traders read…
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XRP price news: Heavy volume pushes Ripple-linked token up 3%, but sellers cap rally
Heavy volume pushed XRP through resistance, but sellers met the move near $1.16 and left traders watching whether former resistance can now hold as support.