#XRPMarketShift
The behavior of long-term holders, often regarded as the market's most stable participants, is particularly significant. A decline
in Ripple's Mean Dollar Invested Age (MDIA) indicates that
these seasoned investors are actively reducing their positions,
adding to the downward price pressure.
This trend aligns with the fact that an extraordinary 97% of XRP’s 99 billion circulating supply is currently in profit, prompting
increased selling activity.
From a technical standpoint, XRP remains above key support at $1.33. However, persistent profit-taking could test this level,
potentially driving the price down to $1.28 if it fails to hold.
Conversely, renewed buying interest could push the token back
toward its recent high of $1.63, though current market
conditions call for caution.
The high percentage of profitable positions creates a precarious scenario, where further profit-taking might trigger cascading
sell-offs. Investors should carefully watch support levels and
on-chain metrics for signals of stabilization or continued selling
pressure.