XRP NUPL Signals Shift in Sentiment: Long-Term Holders Embrace Belief

A recent change in sentiment among long-term XRP holders is evident, prompting concerns of market action following the asset’s price decline to $2. The movement has been gradual and now signals a potential shift towards profit-taking as confidence returns. Crypto analyst Steph Is Crypto (@Steph_iscrypto) highlights this trend with his chart, showing the NUPL metric move from anxiety to belief. This change came after the asset briefly dipped below $2 in recent weeks, prompting hesitant behavior among holders. Now, long-term XRP owners are exiting their anxiety and returning to a positive outlook, indicated by rising NUPL values exceeding 0.5 on Steph’s chart. This shift aligns with growing investor confidence, signifying that the period of hesitation is over. As this positive sentiment continues, it may lead to increased demand for XRP as long-term holders capitalize on their unrealized gains and begin taking profits. This renewed belief could result in a price surge as market activity picks up. ]