XRP BREAKS BELOW $1 — SENTIMENT AT 3-MONTH LOW DESPITE NETWORK ACTIVITY SURGE!
XRP briefly fell below the psychological $1.00** level on August 16 for the first time since November 2024, before rebounding. XRP is currently trading near **$1.00-$1.06.
⚠️ The Divergence: XRP's social sentiment has fallen to its lowest point in roughly three months. Veteran trader Peter Brandt renewed criticism, saying he would "immediately convert" XRP to Bitcoin.
📊 BUT — Network activity is surging: Active addresses on the XRP Ledger climbed to a multi-month high. Binance XRP whale inflows averaged just $61M over three months — their lowest level since 2021.
Key Levels: Support at $0.85 and $0.77 if $1.00 breaks; resistance at **$1.06-$1.07**.
$NFT
#XRP #Ripple #Sentiment #OnChain #Altcoins
XRP briefly fell below the psychological $1.00** level on August 16 for the first time since November 2024, before rebounding. XRP is currently trading near **$1.00-$1.06.
⚠️ The Divergence: XRP's social sentiment has fallen to its lowest point in roughly three months. Veteran trader Peter Brandt renewed criticism, saying he would "immediately convert" XRP to Bitcoin.
📊 BUT — Network activity is surging: Active addresses on the XRP Ledger climbed to a multi-month high. Binance XRP whale inflows averaged just $61M over three months — their lowest level since 2021.
Key Levels: Support at $0.85 and $0.77 if $1.00 breaks; resistance at **$1.06-$1.07**.
$NFT
#XRP #Ripple #Sentiment #OnChain #Altcoins