🔍 Volatility in the crypto market is nothing new, and now XRP (Ripple's token) is showing signs of rebound once again. 💪 However! There is an important issue that cannot be overlooked: a significant decrease in on-chain activity. 🔻
📊 Signs of rebound
In the last few days, there has been some improvement in the price of XRP. Traders and investors see it as a bullish sign. Several technical indicators are showing that the price may go up. 📈
⚠️ But what does the on-chain data say?
When we review the on-chain data of XRP, a different story unfolds:
✅ The number of transactions is decreasing
🧍♂️ The count of active wallets has decreased
💼 Activity on the network has slowed down
All these points reflect a decrease in interest in the XRP network and investors' cautious policies.
🤔 Advice for investors
If you are trading short-term, you can make temporary profits in XRP. But if you are investing long-term, caution is essential.
📌 Factors affecting XRP's price:
🔎 Ongoing legal proceedings in Ripple's courts
💬 Market sentiment
🔁 Network functionality and updates
✅ Summary:
There is hope for a rebound in XRP, but the decline in on-chain data indicates that the risk is not yet over. It would be best to look at more data and news before making a decision. 🔍 #XRP #cryptocurrency#CryptoNews #RippleUpdates #سرمایہ_کاری #TrumpTariffs $XRP
