Ripple's XRP Shifts from Fear to Profit-Taking
Ripple's XRP has become profitable, according to on-chain metric data from Santiment. The token has surged by nearly 7% over the past week as investors assess the long-term implications of the U.S. CLARITY Act and easing geopolitical tensions.
Notably, XRP's recent recovery has pushed many short-term holders back into profit, with its 30-day Market Value to Realized Value (MVRV) ratio rising above the neutral line.
This shift from a 'fear' environment to one of potential profit-taking is being closely watched by market analysts. Several experts maintain a bullish long-term outlook for XRP, including analyst Celal Kucuker, who highlighted Stellar (XLM) as a strong-looking asset and predicted it could climb toward $2.50 in line with XRP's momentum.
Analyst ChartNerd noted that XRP is trading within a prolonged structural compression pattern characterized by wedge and triangle formations, which have historically resolved with sharp upside moves.