XRP may face the sale if it turns out that the date is correct
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In the past 24 hours, Xrp He decreased to less than $ 3, the embarrassment, and lost more than 10 cents in his free fall. The sharp decrease may indicate that XRP can repeat its history in February. It is worth noting that XRP is usually less than performance in the second month of the year.
Historical trends highlight the weakness of February
According to Cryptorank DataXRP has a average monthly return of -3.00 % for the month of February. Since 2014, XRP has ended only in Green only four times, with the highest percentage in 2022. That year, XRP recorded an increase in value by 26.3 %.
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The other three years of positive offers were in 2016, 2019 and 2024, with average monthly revenue of 23.8 %, 1.13 % and 17.1 %, respectively.
On the contrary, XRP performance was bad in 2014, with a decrease of 33.4 %. Regardless of 2017, 2018 and 2021, with a negative growth of 12.3 %, 22.1 % and 14.8 %, respectively, all other declines were less than 10 %.
Market monitors consider this plus to XRP because any sale will happen may not negatively affect the currency. While recognition of history tends towards a 3 % cumulative loss on average, XRP can still turn the style and close February in green.
Analysts highlight the broader cryptocurrency dynamics, which indicate that the new American administration remains a pro -kissbuto as an indicator.
Can XRP reverse the course?
In addition, Ripple move to include it in the proposal Strategic reserve for encryptionIf it is determined, it can turn the price view in a flash. This is because it can increase the demand for XRP and increase its value, and push it to test the 4 -dollar sign.
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Brad GarlinghyusThe CEO of Ripple recently stated that the company was pressuring to include in line with the current administration’s interest in supporting American technical organizations. However, critics have pushed this narration that it is largely serving.
To this writing, it was xrp commerce At $ 2.98, a decrease in 3.69 % in the past 24 hours. With investors delaying market activities, trading volume decreased by 4.59 % to $ 4.46 billion.
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2025-02-01 17:44:00
