XRP holders are sitting on some of their steepest average losses in years, according to analytics firm Santiment, a setup it says has historically preceded relief rallies. The average trader is down roughly 47%.
Key Takeaways:
Santiment says the average XRP trader is down about 47%, a multi-year low flagged as a historic dip-buy setup. XRP’s 30-day MVRV sits at its weakest since December 2020, conditions that have often preceded relief rallies.Analysts eye a possible rebound toward $1.40, though Santiment warns weak readings alone do not ensure a reversal.That said, weak sentiment is a necessary condition for a relief rally, not a guarantee of one. Santiment has repeatedly cautioned that “weak MVRV readings alone do not guarantee a reversal,” and that any durable recovery would likely depend on renewed exchange-traded fund (ETF) inflows, clearer U.S. regulation and fresh adoption catalysts tied to Ripple, the company most associated with the token.
