Analysis suggests the 80% average November gain for XRP is a statistical flaw, with the actual median return being -10%; 1 billion XRP will be unlocked this Sunday.
U.Today analysis indicates that XRP's historical average November gain of 80.2% is heavily skewed by two anomalous surges in 2013 and 2024, with a more accurate median return of -10% reflecting historical trends. XRP fell 15.7% in October and is down 16.3% quarter-to-date, with its current price having dropped below the critical support line of $1.30, now trading at $1.25-$1.26. This Sunday (November 1st), 1 billion XRP will be unlocked from Ripple's escrow wallet. Although Ripple typically re-escrows most of it, the actual net increase of 200-400 million XRP could exert additional pressure on the price, especially after insufficient liquidity and the Binance incident led to $1.29 billion in long liquidations.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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