XRP Faces Uncertainty Amidst Wedge Formation and Diverging On-Chain Metrics
Ripple’s XRP is currently navigating a narrowing wedge pattern as on-chain data reveals a decline in profit-taking, signaling volatility in its momentum. The altcoin faced resistance at $2.50, with significant liquidation activity indicating a struggle for bulls to maintain market control. According to COINOTAG, the MVRV Z-score has plummeted to critical levels, suggesting less incentive … Read more