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>>XRP Briefly Displays Uncommon Blockchain Signal Previously Linked to 114% Gains

XRP Briefly Displays Uncommon Blockchain Signal Previously Linked to 114% Gains

crypthub

about 2 hours ago

On‑Chain Realized Loss Spike

Realized losses on XRP jumped to almost $2 billion in a week, the largest surge since 2022. The metric records sellers who receive less than their purchase price, signaling capitulation of weaker holders. Santiment notes similar spikes historically preceded deep lows that later turned into strong rallies, though past conditions may not repeat.

Market Reaction and Price Trend

XRP traded near $1.45, up 1.5 % in 24 h but down about 24 % for the month, mirroring Bitcoin’s bounce. The modest gain may be a tentative rebound or just a pause in a broader correction. Traders demand higher volume and clear level breaks before confirming a trend change.

Forecasts and Outlook

Extreme forecasts of $13, $27 and $70 within months require demand far beyond current capacity. More modest models set a floor around $0.75‑$0.85 based on a 2.8× multiple of prior lows. The revived on‑chain signal puts focus on incoming demand, overall crypto sentiment, and sustained buying pressure.