XRP News: XRP Bulls Coming In Signals On-Chain Data
Also Read: Why XRP Lawsuit Verdict Is Taking So Long?
XRP Price Flashes Slight Bullish Signs
XRP price is rallying on an upward trend supported by positive updates coming in favor of Ripple and defendants against the U.S. Securities and Exchange Commission (SEC). XRP price is up by 42% on the year to date (YTD) basis. However, it registered a minor correction in the last 90 days, dropping by around 12%.
On-Chain data presented by Santiments suggests that the biggest of the crypto assets are ranging to start the week. On the other hand, XRP remains the only big crypto that is depicting slight bullish signs ahead.
This is due to mild trader capitulation as tokens moving at a greater ratio at a loss compared to profit hold a higher chance of a price surge. Data suggest that XRP is registering more transactions at a loss than profit this week compared to the other cryptos. Read More XRP News Here…