Why XRP Supply in Profit Has Plummeted - BeInCrypto

Nov 4, 2024 · These developments have exerted downward pressure on XRP’s price over the past month. It trades at $0.50 at press time, shedding 6% of its value since October 2. This …

CouponFollow Extension

6%
OFF

Why XRP Supply In Profit Has Plummeted - BeInCrypto

2 weeks from now

Nov 4, 2024 · These developments have exerted downward pressure on XRP’s price over the past month. It trades at $0.50 at press time, shedding 6% of its value since October 2. This …

beincrypto.com

95%
OFF

XRP Price Crash Recovery Is Now Dependent On Bitcoin - BeInCrypto

2 weeks from now

23 hours ago · XRP Loses Key Supports. The percentage of XRP’s supply in profit surpassed 95% earlier this week, signaling a market top. This development triggered a wave of selling …

beincrypto.com

$19
OFF

Why XRP’s $19 Billion Gain Might Be Driven By Speculative Trades

2 weeks from now

Jan 6, 2025 · New demand for XRP has plummeted during the review period, making it likely that its price would reverse its current upward trend. Ripple’s Declining New Addresses Highlight …

beincrypto.com

$1
OFF

Why XRP Supply In Profit Has Plummeted - CryptoProfitBuzz

2 weeks from now

Nov 4, 2024 · [ December 1, 2024 ] Ripple backs Bitwise Physical XRP ETP following its rebranding Business [ December 1, 2024 ] XRP hits $1.9 as iDEGEN’s presale surpasses 350 …

cryptoprofitbuzz.com

39%
OFF

XRP Price Surges, Volume Hits $20 Billion - BeInCrypto

2 weeks from now

Jan 20, 2025 · XRP price has surged 39% in the last seven days, with its market cap nearing $190 billion and 24-hour trading volume reaching $20 billion. ... BeInCrypto is committed to …

beincrypto.com

$1
OFF

XRP Price Stalls, Profit-Taking Rises To $1.6 Billion In 24 Hours

2 weeks from now

Jan 8, 2025 · This resilience has helped XRP maintain its support level at $2.00, even amid increased profit-taking. As long as these holders continue to back the asset, XRP is unlikely to …

beincrypto.com

500%
OFF

Why The XRP Token Price May Struggle Above $2 - BeInCrypto

2 weeks from now

Jan 1, 2025 · Ripple’s XRP has seen its price significantly erode in recent weeks following a meteoric rise of nearly 500% between November 6 and December 3. Since it reached a multi …

beincrypto.com

$2.95
OFF

XRP Price Aims At New High As Key Cohort Offset Whale Selling

2 weeks from now

Jan 29, 2025 · XRP is attempting to form a new all-time high (ATH), but its price action remains volatile. The altcoin has repeatedly tested the $2.95 support level, struggling to maintain …

beincrypto.com

$1.84
OFF

XRP Faces Downward Pressure As $1.84 Billion Cashed Out

2 weeks from now

Nov 27, 2024 · BeInCrypto’s assessment of XRP’s on-chain performance has shown a surge in profit-taking activity among its holders, reflected by its rocketing realized profit. According to …

beincrypto.com

28%
OFF

Ripple (XRP) Reserves Shrink On Exchanges: Price Impact

2 weeks from now

Sep 9, 2024 · Ripple's XRP supply on exchanges has dropped 28% since February, hitting a seven-month low. Despite reduced selling pressure, XRP's price has plummeted 24% from its …

beincrypto.com

FAQs about Why XRP Supply in Profit Has Plummeted - BeInCrypto Coupon?

How has the XRP price changed over the past month?

These developments have exerted downward pressure on XRP’s price over the past month. It trades at $0.50 at press time, shedding 6% of its value since October 2. This price decline has led to a drop in the percentage of XRP’s supply held in profit. ...

Is XRP's supply in profit hitting a new low?

XRP’s supply in profit has hit new lows as SEC appeals weigh on price. Key support breach at $0.52 suggests potential further declines. ...

What is XRP supply in profit?

XRP Supply in Profit. Source: Santiment When an asset’s supply in profit drops, fewer holders are currently holding it at a profit compared to when they acquired it. This decline often correlates with a drop in the asset’s price, as in XRP’s case. ...

What happens if XRP's supply drops?

When an asset’s supply in profit drops, fewer holders are currently holding it at a profit compared to when they acquired it. This decline often correlates with a drop in the asset’s price, as in XRP’s case. As more holders face losses, selling pressure may rise, particularly if token holders aim to cut further losses. ...

What happened to XRP?

It trades at $0.50 at press time, shedding 6% of its value since October 2. This price decline has led to a drop in the percentage of XRP’s supply held in profit. According to Santiment’s data, this figure now stands at 70.4% — its lowest since July 12. For context, this metric was 90% at the beginning of October, before the SEC’s notice of appeal. ...

Why is XRP's RSI declining?

This decline often correlates with a drop in the asset’s price, as in XRP’s case. As more holders face losses, selling pressure may rise, particularly if token holders aim to cut further losses. XRP’s declining Relative Strength Index (RSI) reflects a sustained increase in selling pressure. ...