Separation in XRP: Strength or Weakness?

Recently, the price of XRP has declined from $3.09 to $2.30, capturing the attention of investors. Ripple investors are continuing to realize profits even during this decline, creating an interesting situation in the market. On-chain analysis platform Glassnode notes that a significant divergence is occurring in the XRP market.

Typically, the volume of profit realization increases with price rallies, but this time it has risen remarkably during the price decline. The analyses indicate that in the past week, the volume of profit realization has increased by approximately %240, rising from daily $65 million to $220 million. This situation suggests that investors are selling their positions for a profit without waiting for price increases.

Glassnode interprets this profit realization as a classic distribution signal of weakness. In other words, the sales are believed to be a reaction to market weakness rather than strength. This raises the question of whether XRP will experience a reversal in the near future. According to analyses, this scenario indicates a short-term loss of confidence among investors and that price pressure may continue.

However, some analysts emphasize that such periods are often the final waves of selling before the market regains equilibrium. Therefore, this divergence may pave the way for a new recovery phase in the long term. Investors should pay close attention to these data points and continue to monitor market movements to form a clear perspective on the future of XRP.