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XRP MVRV Ratio Breaks Critical Threshold. Here’s the Implication
The cryptocurrency community is abuzz following a recent observation by analyst Ali Martinez, who noted that XRP’s Market Value to Realized Value (MVRV) ratio has crossed below its 200-day moving average (MA). This development is being scrutinized for its potential implications on XRP’s future price movements. The MVRV ratio is an on-chain metric that compares…
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XRP Ends Correction, Poised for Major Breakout
XRP appears poised for a significant upward move after finalizing its correction in the four-hour time frame, according to crypto analyst Dark Defender. With bullish structures aligning on the daily chart, projections indicate an initial target of $2.42, with the potential for a much larger rally once XRP clears a key technical barrier—the Ichimoku cloud.…