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XRP Shows Signs of Macro Trend Shift as On-Chain Metrics Remain Strong

XRP Shows Signs of Macro Trend Shift as On-Chain Metrics Remain Strong

Author:
XRP News
Published:
2025-04-05 05:44:06
23
3
[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

In the volatile world of cryptocurrencies, where prices can fluctuate rapidly, it’s essential to keep a close eye on the underlying metrics that can indicate future trends. One such cryptocurrency that seems to be bucking the bearish trend is XRP, which has remained steadfast above $2 despite the overall downturn in the market. This stability is being attributed to strong on-chain metrics, which could signal a macro trend shift in the NEAR future.

XRP Eyes Macro Trend Shift Amid Strong On-Chain Metrics

Despite the bearish momentum in the crypto market, XRP has remained steadfast above $2. This stability is attributed to strong on-chain metrics, signaling a possible macro trend shift. Renowned market analyst Ali Martinez noted that the XRP MVRV Ratio dipped below its 200-day moving average, which may indicate a change in price action. Edo Farina, the founder of Alpha Lions Academy, echoed these sentiments, stating that watching XRP at $2.11 feels optimistic. These factors suggest that XRP’s long-term outlook remains bullish.

Ripple, Mercy Corps Partner for Blockchain-Powered Aid Initiative in Kenya

Ripple, Mercy Corps Ventures, and DIVA Donate have partnered to test a novel blockchain-based system for providing timely aid to Kenyan pastoralists affected by drought. The initiative uses the Ripple USD (RLUSD) stablecoin, which is auto-distributed to drought-affected communities via satellite data and smart contracts. The pilot seeks to provide transparent and efficient financial aid to support over 500 farmers during droughts, marking a major leap in humanitarian efforts.

Ripple Lawsuit News: Ex-SEC Lawyer Reacts to Unusual XRP Filing

Ripple’s CEO, Brad Garlinghouse, recently shared a video celebrating what he called a victory in the long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). While Ripple’s executives have confirmed the case is over, there’s been no official statement from the SEC, leaving many in the XRP community wondering what’s really going on. To add to the mystery, an unexpected filing popped up in the court case. A guy named Justin W. Keener sent an emergency request, claiming he has “decisive evidence” that could help Ripple and support freedom for Americans. However, the specifics of the evidence remain unknown.

XRP News Today: Price Rises 4%, Ripple Outpaces BTC and ETH in South Korea

After dipping to a low of $1.96, XRP has made a strong comeback, gaining more than 4% in the last 24 hours. The price has jumped above the $2.11 mark and is aiming to break higher levels. This rebound signals renewed bullish momentum. The market’s positive sentiment is fueled by growing interest in XRP, especially in South Korea, where it dominates trading volumes on Upbit, the country’s leading exchange.

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