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Is the low participation in the XRP market an opportunity or a trap?
Looking at XRP from the chart, it fluctuates back and forth within a range, and the trading volume varies greatly, indicating that both bulls and bears in the market are engaged in intense competition, with neither side clearly gaining an advantage.
At the same time, the MACD indicator shows that the market may currently be in a weak or consolidating state, which makes me a bit worried about the market trend.
The suspension of the tariff policy by Huangmao is a great benefit for the crypto market, and XRP has also benefited from this, successfully breaking through the key psychological barrier.
In addition, XRP is gradually moving towards compliance in regulatory aspects, with some countries starting to clarify its legal status, providing a more stable policy environment for the development of XRP.
In terms of technology, the XRP ledger has also made significant progress, with a certain amount of XRP being permanently destroyed, reflecting an increase in the activity of the XRP network.
However, despite the strong fundamentals, the price of XRP has not fully reflected these on-chain dynamics, and there is some profit-taking pressure in the market.