🔥 Ripple (XRP) bounces back, but clouds gather over growth
Since the beginning of June, XRP has been showing steady growth, recovering from May's losses. But will it be able to hold on?
📈 The Liveliness metric is rising — this means that long-term holders (LTH) are starting to move and sell their coins. They are locking in profits while the market is on the rise.
🔍 According to Glassnode:
Liveliness has reached 0.809 — a recent high.
82% of XRP tokens are in profit (it was 79% on May 31).
💰 This increases pressure on the price. If profit-taking continues, XRP may fall below $2 — to $1.99.
🐂 But if the bulls hold their positions, the price could reach $2.29 and higher.
📊 The key point is — who will be stronger: those who take profits or those who continue to hold and buy?
📎 More details — in the charts and analysis from Glassnode and TradingView.
👇 What do you think? Will we break $2.29 or see a pullback?
