XRP Bounces Back to $2.45: Experts Say It May Never Fall Below $2 Again

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The shocking martial law in South Korea has thrown the cryptocurrency market into chaos, with XRP plummeting from $2.60 to $2.13 in a massive sell-off. But the panic didn’t last long! However, the price of XRP has rebounded, rising nearly 9% in the past 24 hours. Meanwhile, some experts boldly claim that XRP will never fall below $2 again. Here’s why they are so confident!

Why XRP's Price May Continue to Rise

XRP is a cryptocurrency associated with Ripple Labs, riding the wave of optimism in the cryptocurrency market. As Bitcoin’s rise drives altcoins up, XRP is also showing strong momentum. Experts believe it may soon reach an all-time high (ATH), with on-chain data indicating it will continue to grow.

One key factor is the Mean Days in Active (MDIA), which measures the time tokens remain inactive on the blockchain. A higher MDIA typically indicates a stagnant market.

But for XRP, the MDIA has recently declined, indicating that tokens held for the long term are now being actively traded. This increase in activity is a positive sign as it brings more liquidity to the market and supports price increases.

Another important metric is the “Buyer Acceptance Ratio,” which tracks the number of buy orders in the derivatives market against the total trading volume. Currently, XRP's ratio is 0.55, indicating strong buying interest. Data from CryptoQuant emphasizes this as a bullish signal, with buyers controlling the market.

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