Ripple XRP breaks key resistance as whales accumulate 500 million XRP, increasing prices. MVRV indicates holders are in profit.
XRP’s MVRV ratio exceeded 12%, signaling profitable holders and potential for a market correction.has recently surpassed important resistance levels.
This surge in attention is likely due to the price rally XRP has experienced in the past three days, during which it has consistently been among the top trending coins.saw significant price movement, breaking past its previous resistance levels of $0.58 and $0.57, which had become stronger support zones.Source: TradingViewHowever, it’s uncertain whether it can maintain this momentum and push beyond the $0.6 resistance level, as XRP has historically pulled back after hitting this point.
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