🚨 THIS MONTH IS BAD FOR $XRP HOLDERS 🚨

Here are the key points about the current state of Ripple (XRP):

- Ripple traders lost more than $75 million in July.

- Whales sold their XRP holdings at a loss, while retail investors bought them.

- XRP price has fallen below key support at $0.4508, the June 7 low.

- Market over realized value (MVRV) has entered the opportunity zone, indicating a possible rebound.

- XRP faces resistance at $0.4955 and a close above this level could invalidate the bearish thesis.

After recovering from its recent decline, XRP could surpass the fair value gap (FVG) between $0.5008 and $0.5164.

The bearish thesis for