An analyst has pointed out that the XRP Market Value to Realized Value (MVRV) Ratio has just formed a crossover that proved to be highly bullish the last time it appeared. XRP MVRV Ratio Has Broken Above Its 200-Day MA In a new MVRV Ratio” is a popular on-chain indicator that keeps track of the…
View More XRP MVRV Ratio Flashes Signal That Last Led To 630% Surge
XRP has been navigating a volatile consolidation phase since late January, shedding over 40% of its value from its most recent all-time high. While the broader crypto market has struggled under the weight of macroeconomic uncertainty, XRP has managed to outperform many altcoins during this downturn. Several major altcoins have lost more than 60% of…
View More XRP MVRV Ratio Dips Below The 200-Day MA – Trend Shift Underway?