XRP Price Still Holds Its Green, But One Group Is Slowly Turning Into a Red Flag
Summary
The XRP price is trading near $2.20, maintaining a slight weekly gain, but deeper analysis of holder behavior reveals a growing concern. While short-term holders (one week to three months) have been accumulating supply, long-term holders are showing signs of turning risky. Long-term holder selling increased significantly from 54 million XRP on November 23 to 84 million XRP by November 25, mirroring a pattern that preceded a nearly 12% price drop previously. This selling pressure is supported by the Long-Term Holder Net Unrealized Profit/Loss (NUPL) being near 0.50, indicating a high incentive for profit-taking, which often marks local tops. For XRP to maintain its upward momentum, it needs a close above $2.24, but Chaikin Money Flow (CMF) suggests inflows are not yet strong enough to fully counteract the selling from long-term holders, making this group the primary red flag.
(Source:BeInCrypto)