XRP to rally? What to expect from Ripple
XRPLedger’s native token (XRP) gained 12% on Nov. 29 as the altcoin held steady above $1.7300, rallying alongside Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other leading cryptocurrencies.
XRP on-chain indicators signal price growth
XRP traders increased their on-chain activity between Nov. 16 and 29, and Santiment recorded several spikes in the active addresses metric. The spikes represent the increase in activity, accompanied by a spike in transaction volume across exchange platforms.
The network realized profit/loss metric used to identify the net profit/loss of all tokens traded on a given day shows that XRP traders have been transacting profitably since Nov. 4. Positive spikes above the…
