XRP: Bottoming or Just Bumming? 💸📉

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XRP’s been on a 24-hour sale – 9% off, and we’re still not impressed. Its 30-day plunge? A 19% loss! Short-term holders are so underwater they might need scuba gear. 🤿️

But wait! The recovery? Still stuck in “Soon™” mode. This piece explains why XRP’s bounce is taking a coffee break. ☕

Short-Term Capitulation Has Appeared, but the Recovery Is Missing

The short-term holder NUPL (Net Unrealized Profit/Loss) is at -0.30, its lowest since 2020. That’s the financial equivalent of a toddler throwing a tantrum in a buffet. 🍽️😭

Earlier dips? Clean bounces. April: -0.13 → bounce. June: -0.15 → bounce. But this time? XRP’s sliding like it’s on a greased pole. 🏂

Want more token insights? Sign up for Harsh Notariya’s Daily Crypto Newsletter – because why not drown with the rest of the sharks? 🐳

So what’s missing? The spent coins data. Turns out, XRP’s not just crying – it’s having a full-blown financial exorcism. 🧌

Spent Coins Show Peak Capitulation Has Not Fully Played Out

Spent coins age band metric? Imagine your crypto is a library book. When everyone checks it out at once, it’s chaos. 💥

In early November, spent coins spiked 416% while XRP tanked. That was a full-blown panic party. 🎉 But now? Just a toddler’s temper tantrum – 112% rise. Not even enough to get a free juice box. 🍹

If spent coins keep climbing, XRP might hit $1.57 before this drama ends. Spoiler: It’s not a happy ending. 🎬

XRP Price Levels Suggest One More Downside Zone

XRP’s clinging to $1.95 like a leech to a diver. 💦 If it breaks, the next stop is $1.57. And if the 100-day EMA crosses below the 200-day? That’s the stock market’s version of a bad breakup. 💔

EMA? The stock market’s mood ring. 🌈 If it turns red, sell everything. To reclaim $2.08? Good luck! That’s like asking a vampire to wear a hat. 🧛♂️🎩

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2025-11-21 16:27