Ripple’s Metrics Flag Potential for Price Pullback in XRP

Despite recent gains, Ripple’s metrics indicate a potential slowdown in XRP’s price movement. On-chain data reveals signs of market fragility, with short-term holders facing the risk of sharp corrections. Declining address activity and institutional outflows signal cautious sentiment, potentially leading to a pullback. Analysis suggests that while XRP has made notable gains this month, it struggles to gather momentum, particularly when compared to other altcoins. The $2.4 resistance level remains challenging for XRP to overcome, creating a ceiling that hinders further growth.