XRP has demonstrated significant resilience, showcasing a 518% increase since November, reflecting its strong market performance despite volatile conditions. This recent price action includes a notable 17% drop followed by a rapid recovery, underscoring the token's market resilience.
On-chain analysis reveals minimal dormant circulation and an increasing mean coin age, suggesting steady accumulation despite ongoing price fluctuations. These on-chain metrics highlight a strong foundation amid market changes.
Technical analysis indicates XRP is now aiming for the $3.2 resistance level, signifying potential growth and sustained interest in the token within the market.
Kaynak: blockonomi.com ↗