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XRP NVT Ratio Rises – Signaling a Price Correction?

News

XRP NVT Ratio Rises – Signaling a Price Correction?

3min Read

Posted: November 15, 2024

By: Diego Guadalupe

XRP’s NVT ratio has reached new highs, suggesting a growing gap between its market cap and actual network activity.

Historically, high NVT ratios have led to corrections, making XRP’s current rally look speculative.

XRP’s recent price surge has captured the attention of both traders and long-term investors. A sharp increase in the NVT ratio, among other on-chain indicators, raises questions about the sustainability of this rally.

While price momentum is strong, the rise in NVT suggests a growing disconnect between market value and network activity.

This analysis will examine whether this presents an opportunity or a warning for the future direction of XRP.

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