XRP getting closer to potential recovery as its on-chain dynamics are getting better
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The price may eventually catch up or recalibrate due to fundamental forces, so the gap between price action and network performance may not last long. Regardless of the present downtrend, XRP will eventually regain bullish attention if it maintains this level of transaction volume. But prudence is necessary because market sentiment is more important than fundamentals when it comes to cryptocurrency price movements.
In the $1.95-$2.00 range, traders should closely monitor whether this on-chain strength translates into price support. To put it briefly, the price is muttering capitulation, while the XRP Ledger is yelling adoption. One of them will give — and that difference will not be permanent.Digital Shield at Nexus2140: Advancing Enterprise-Grade Security for Global Web3 Infrastructure
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