$XRP crossed back above its Realized Price at $1.41, the average cost basis of all holders. When this metric flips, underwater sell pressure disappears. The average investor is profitable again.
Technical structure backing the move: - Symmetrical triangle formation with 55% projected breakout - Target: $2.24 - Trendline to close above: $1.46 - Resistance to flip: $1.57 to $1.60 - Floor to defend: $1.35 to $1.40
Mid-2024 saw the same Realized Price crossover trigger a parabolic run. Primary narrative for this cycle: $2.40.
