XRP price risks drop to $1.10 as supply in profit drops to 17-month lows

XRP’s profitable supply fell to 43% as high capitulation and bearish chart setup signaled a potential drop toward $1.10 in the coming weeks.

XRP (XRP) is staring at a potential drop toward $1.10, as a decline in profitable supply suggests growing bearish momentum and a classic setup for new lows.

Key takeaways:

XRP supply in profit has dropped to 43%, levels last seen in November 2024.

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