XRP at Bottom? On-Chain Signals | Bitcoin and Crypto News

XRP’s recent eight percent surge hints at a potential market bottom, as on-chain data reveals widespread losses among holders—both short-term and long-term metrics hitting historic lows. With MVRV at -45% over 30 days and -47% year-to-date, analysts see this as a sign of exhausted selling pressure, creating a potentially favorable risk-reward for new buyers. Santiment notes that such capitulation often precedes cycle lows, echoing patterns seen in Bitcoin’s market. Yet, caution remains: these indicators don’t guarantee a reversal, and further declines are possible if broader market sentiment deteriorates. XRP’s current state underscores how extreme losses can signal shifting dynamics—and why on-chain data offers a unique lens for spotting hidden opportunities. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1e35b0cd038efdbe