$XRP does not have the best reputation
June has traditionally been a challenging month for XRP investors. Over the past 11 years, the median return of XRP in June has been -8.49%. Investors should exercise caution, as seasonal weakness may amplify current bearish sentiments, putting additional pressure on the price.
The Coin Days Destroyed (CDD) metric shows a sharp increase. CDD is the total number of days that have been destroyed by the sales of investors, particularly long-term holders. For example, if 100 coins were held for 10 days before being spent, the CDD would be 1,000 (100 coins × 10 days).
At the time of writing, the CDD for XRP reached 337 billion — the highest level since December 2024. This increase indicates that many long-term holders (LTH) are selling their accumulations to lock in profits. Such dynamics threaten to negatively impact the price of the Ripple token.
However, XRP has one advantage — the conclusion of the lawsuit with the SEC. Alexis Sirkiya noted in an interview for BeInCrypto that this could become a key catalyst for accelerating Ripple's ICO
