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Analyst: Market sentiment has fallen to the "anxiety" stage, and the price of XRP may fall below $2.
According to CoinGape, renowned encryption analyst Ali Martinez stated that bearish technical chart patterns may start to take effect, causing the XRP price to fall below $2. Amid extreme panic in the Crypto Assets market, long-term holders and Whales have entered a state of anxiety.
Glassnode's XRP long-term holder NUPL data shows that amid increasing uncertainty and volatility in the Crypto Assets market, investors tend to be bearish.
The NUPL data of XRP long-term holders shows that the "fervor" of long-term holders ended by mid-2025, following large-scale sell-offs by whales. During the recent fall of the crypto assets market, this sentiment has shifted from "denial" to "anxiety."
XRP-4.74%
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