XRP Price Outlook: Bears Target $1.60 as 90-day MVRV Signals Top

by Marco Stracke

XRP mark has been trading in low volatility for the closing two days, with fluctuations between $2.10 and $2.18 despite a awful outlook in the broader crypto market triggered by geopolitical tensions. At press time, XRP trades at $2.16 with a modest 1.8% abolish as day-to-day trading volumes on June 14 dropped by 34% to $2.74 billion. A undergo flag pattern now signals that Ripple’s mark could perchance well drop to $1.60 as the 90-day MVRV ratio signals a native high formation.

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