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$XRP continues to show signs of weakness.
According to Glassnode, XRP's 90-day moving average has fallen to its lowest level since August 2022, indicating sustained selling pressure.
More short-term holders are now in unrealized losses and exiting their positions, reflecting fragile market confidence.
While exchange liquidity is still available, the market is still going through a deleveraging phase. Until sentiment improves and price structure strengthens, a sustained recovery may take time.
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