Ripple (XRP) is currently trading around the $0.43 price level, indicating a particularly stagnant market sentiment in the past seven days. However, the lack of selling action from long-term investors, together with an uptick in network traction, suggest that a bullish XRP price prediction could be on the cards.

Specifically, the XRP Mean Coin Age statistic has been steadily increasing since May 9th, signalling that long-term investors have held on as XRP's price dropped by 9%. And when network activity rises during a dip, it is a strong indicator that the underlying coin is attracting demand, potentially setting the stage for the next XRP price rally.

Santiment's Market-Value to Realized-Value (MVRV) metric highlights that investors who bought XRP within the past month are currently experiencing unrealized losses of about 6%. This means that for them to break even with their investment, XRP needs to reach $0.45. Furthermore, should the price manage to break beyond this resistance level, it could experience gains of an additional 7%, with the potential of rising to $0.50 before traders start taking profits.

The bearish scenario, however, note that XRP needs to stay above the $0.40 mark in order to avoid a massive drop to the $0.35 support level. Overall, the market is currently at a tipping point and the coming days will be the deciding factor as to whether a bullish XRP price prediction will be validated.



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