A recent chart from Into The Cryptoverse reveals the short-term bubble risk for XRP, currently sitting at 1.09. This level indicates a stable phase, but historical trends offer valuable insights into potential price fluctuations. The chart highlights periods of heightened risk in 2017-2018 and 2021, marked by sharp spikes on the chart which often followed dramatic price swings before corrections. These patterns suggest that XRP has historically been subject to speculative bubbles, fueled by market hype or regulatory developments such as Ripple’s ongoing SEC case. The current reading of 1.09 sits in a green zone (1-1.25), indicating stability. However, the recent surge in price to around $2.83 raises caution about potential short-term volatility if sentiment shifts or new catalysts emerge. Monitoring this metric alongside broader market trends and XRP’s utility in cross-border payments is crucial for informed investment decisions.