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Ripple’s Surge in February: Retail Momentum Drives Volatility and Raises Concerns
Ripple’s XRP has seen a significant surge in February, driven largely by retail investors. This sudden influx of capital has led to an increase in volatility, raising concerns about the sustainability of this market rally.
A closer look at the profit/loss ratio reveals that many recent buyers are now facing losses, which is not good for the rally’s health. The decrease in profit/loss ratios indicates that the market is becoming increasingly vulnerable due to a rise in at-risk holders. This trend may lead to further cooling off of retail momentum and potentially even more selling if the price drops.
In a nutshell, I believe the XRP surge has created a very delicate situation.
Source: https://nulltx.com/ripples-surge-in-february-retail-momentum-drives-volatility-and-raises-concerns/
