XRP Profitability Near Bitcoin as Di Most Holders Still Dey Make Green, Risk for Short-Term Pullback Dey Rise
XRP still dey show strong profit even as e price just dey waka sideway and crypto market sef dey face sell pressure. Recent tori from Glassnode and Santiment talk say more than 98% of XRP wey dey circulate now dey make profit, pass big altcoins like Ethereum, Dogecoin, Cardano, and Chainlink, but e just dey behind Bitcoin wey lead for 98.4%. Even though e price drop 5% last week and e dey trade around $2.3—wey still be 30% less than e peak for 2018—majority of XRP holders still dey for profit level. More activity dey for on-chain, including 21.7% jump for transaction volume, wey show say market still dey strong and people get confidence for XRP future. But analysts dey warn say too much profit too fit make people quick collect their profit and e fit make price fall. On the other hand, when only small people dey make profit, e fit mean say the price low and e good chance for new people to enter. For crypto traders, dis profit tins and di rise for transaction volume be main sign wey fit show market mood and wahala wey fit happen, especially as XRP dey test support at $2.3 level.
Neutral
XRP get mad high profit metrics wey show say e investors don perform well before and market still dey active. But wen holders dey make plenty profit like dis before, e fit increase short time profit-taking risk and price fit fall small because traders fit wan collect their gains. At the same time, strong transaction volumes and investor confidence fit help price bounce back if selling pressure reduce. Since these good and bad force balance each other and Ripple price dey near important support level, immediate outlook remain neutral. Traders suppose dey watch volatility and market sentiment indicators well well for the next move.