The profitable offer of the XRP token fell to 43%, as high capitulation and a bearish chart setup indicated a possible drop to US$1.10 in the coming weeks. Investors have continued to sell their positions in XRP, realizing losses of US$110 million per day.
Historically, the drop of this indicator below 50% has signaled a transition from optimism to despair, characterized by panic selling and high capitulation, as seen in the last stages of previous bear markets.$XRP
Historically, the drop of this indicator below 50% has signaled a transition from optimism to despair, characterized by panic selling and high capitulation, as seen in the last stages of previous bear markets.$XRP