#XRP is struggling to reclaim and hold above its Realized Price. The Realized Price is a crucial on-chain level, representing the aggregated average price paid for the circulating supply. When an asset remains below this level, it indicates that, on average, holders are experiencing unrealized losses. Historically, #cryptocurrencies that fail to recover and sustain prices above the Realized Price tend to exhibit structural weakness within the cycle. This level is key in distinguishing between #expansion and contraction. #crypto
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
2 Likes
Reward
2
1
Repost
Share
Comment
0/400
Sekayla28
· 55m ago
The market is going through difficult times. Monitoring.
💸 $XRP in a critical zone
#XRP is struggling to reclaim and hold above its Realized Price. The Realized Price is a crucial on-chain level, representing the aggregated average price paid for the circulating supply. When an asset remains below this level, it indicates that, on average, holders are experiencing unrealized losses. Historically, #cryptocurrencies that fail to recover and sustain prices above the Realized Price tend to exhibit structural weakness within the cycle. This level is key in distinguishing between #expansion and contraction. #crypto