50 USDT if anyone can guess within 1 % of the total $XRP trades that make up this chart
Top 7 spot exchanges
Time range from May 1st → Today
The reality with $XRP is there's been significantly more active selling pressure than buying over the last 6 months
The daily volume deltas since April prove that
Red bars (net market selling) dominate in both frequency and magnitude
This tells us passive buyers have been attempting to absorb all this selling pressure, which is why price has held relatively stable around $3
But here's the problem - when passive buyers are the only thing holding price up against consistent active selling, that can snap if the flow doesn't change.
We need a new wave of aggressive market buyers to wake up a new trend.
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