Altcoins take off, why is XRP lagging behind? Will it be the dark horse that surges at the end, or a completely disconnected pawn?
Bitcoin hits new highs, ETH fluctuates upward, and a host of altcoins are breaking through key resistance levels, starting a parabolic trend. But XRP remains stuck below key resistance, exhibiting a state of indecision of 'wanting and not wanting'.
For the past few years, it has consistently hovered below $1, until Q4 2024 when it faced a surge, reaching $2. However, this rally failed to continue, and it has recently been lingering in the $2-$3 range.
Here comes the question:
The number of active addresses has sharply declined, indicating a drastic reduction in on-chain user participation;
Open interest has significantly decreased, as traders take profits or stop losses and exit;
Whales have sold over 60 million XRP in the past 72 hours, triggering short-term bearish sentiment.
More critically—RSI has not entered overbought territory, indicating that the market has yet to confirm its direction. Once it breaks out with volume, XRP may see a true trend explosion; but if RSI continues to weaken, XRP might retrace to $2 or even lower.
My thoughts:
The market's sentiment towards XRP is complex: some are looking forward to 'one last surge', while others believe it has fallen behind. But real market movements often explode suddenly in such indecision.
Do you think XRP can break the $3 barrier? Is it time to buy the dip, or should we continue to wait and see? Let's discuss your judgment in the comments section.
