$XRP
🚨 XRP holders show confidence amid reduced selling pressure 🚨
The behaviour of XRP LTHs has played a significant role in the token’s price action.
LTHs, defined as addresses holding XRP for more than 155 days, have significantly reduced their selling activity over the past week.
This reduction in selling pressure provides a supportive environment for price gains, reinforcing the asset’s bullish momentum.
Historically, lower Liveliness levels have coincided with periods of stronger price performance, as reduced token circulation often results in decreased supply pressure on the market.
The recent drop to 0.81 further underscores the growing confidence among investors that XRP could sustain its rally.
Should this trend continue, XRP’s ability to retain long-term investor interest could become a key factor driving future price performance.
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