Three key XRP metrics suggest ‘explosive price expansion’ is next
Hex37's read
- XRP's MVRV ratio is falling, indicating potential undervaluation.
- XRP Ledger activity is high, suggesting network adoption.
- A bullish wedge pattern points to a potential price increase.
What it means for traders
- Consider long positions on XRPUSDT as technicals and on-chain data align.
- A price target of $3.10 is suggested by the bullish pattern.
Affected markets
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