🕵️ The price of $XRP has just lost the Realized Price. Bulls tried to defend this region, but losing it signals bears are in control. What is the Realized Price? The Realized Price represents the average cost basis of all coins in circulation, calculated from the last time each coin moved on-chain. Why is this important? • When price is above the Realized Price, most holders are in profit → confidence and holding behavior • When price falls below the Realized Price, the market moves into aggregate losses, increasing fear, distribution, and the risk of deeper drawdowns Historically, losing the Realized Price marks a regime #change in market structure. #crypto
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🕵️ The price of $XRP has just lost the Realized Price. Bulls tried to defend this region, but losing it signals bears are in control. What is the Realized Price? The Realized Price represents the average cost basis of all coins in circulation, calculated from the last time each coin moved on-chain. Why is this important? • When price is above the Realized Price, most holders are in profit → confidence and holding behavior • When price falls below the Realized Price, the market moves into aggregate losses, increasing fear, distribution, and the risk of deeper drawdowns Historically, losing the Realized Price marks a regime #change in market structure. #crypto