{"id":611030,"date":"2024-06-01T21:30:25","date_gmt":"2024-06-01T21:30:25","guid":{"rendered":"https:\/\/uniquehot.com\/?p=611030"},"modified":"2024-07-10T15:09:01","modified_gmt":"2024-07-10T15:09:01","slug":"worrying-signs-for-xrp-price-tumbles-as-demand-dries-up","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/","title":{"rendered":"Worrying Signs For XRP: Price Tumbles As Demand Dries Up"},"content":{"rendered":"<p data-sourcepos=\"3:1-3:78\">Since technical indicators show a worrying picture of the price of the altcoin, crypto investors are closely monitoring Ripple (XRP). XRP has entered what many analysts consider as a bearish zone after closing below its 20-day exponential moving average (EMA) for four straight days.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/matic-under-the-lens-why-is-polygon-busy-but-not-making-money\/\" target=\"_blank\" rel=\"noopener \">MATIC Under The Lens: Why Is Polygon Busy But Not Making Money?<\/a><\/div>\n<p data-sourcepos=\"5:1-5:102\"><span id=\"input-sentence~1\">Using the average price of XRP over the past 20 days as a resistance level, this technical indicator points to a possible change in market mood.<\/span><span id=\"input-sentence~2\"> Given the present price trading below this important benchmark, economists worry a drop in demand could be just ahead.<br \/>\n<\/span><\/p>\n<p data-sourcepos=\"5:1-5:102\"><span id=\"input-sentence~2\">XRP was trading at $0.52 at the time of writing, <a href=\"https:\/\/www.coingecko.com\/\" rel=\"nofollow\">down 0.3% and 3.1%<\/a> respectively, data from Coangecko indicates shows for the last 24 hours and seven days.<\/span><span id=\"input-sentence~3\"><br \/>\n<\/span><\/p>\n<h2 data-sourcepos=\"7:1-7:30\"><strong>Demand For XRP Loses Steam<\/strong><\/h2>\n<p data-sourcepos=\"9:1-9:403\"><span id=\"input-sentence~3\">XRP&#8217;s momentum indicators provide insights on the strength and direction of price fluctuations, therefore fuelling the bearish fire. Currently positioned below their neutral points are both the Relative Strength Index (RSI) and the Money Flow Index (MFI).<\/span><span id=\"input-sentence~4\"> This implies that investors might be aiming to sell existing XRP holdings instead of building more, therefore reducing the buying demand behind the coin.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_611035\" aria-describedby=\"caption-attachment-611035\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-611035 size-full\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/a_acaf61.png?resize=1024%2C352\" alt=\"\" width=\"1024\" height=\"352\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/a_acaf61.png?w=1462 1462w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/a_acaf61.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/a_acaf61.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/a_acaf61.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/a_acaf61.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/a_acaf61.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><figcaption id=\"caption-attachment-611035\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p data-sourcepos=\"11:1-11:64\"><span id=\"input-sentence~4\">A notable decline in XRP&#8217;s active on-chain addresses further sows gloom. Data from Santiment indicates that over the past month daily active addresses on the XRP network have dropped by thirty percent.<\/span><span id=\"input-sentence~5\"> Since this drop in general network activity and user involvement suggests a pricing fall is likely to follow.<br \/>\n<\/span><\/p>\n<h2 data-sourcepos=\"13:1-13:28\"><strong>Profit Amidst The Gloom?<\/strong><\/h2>\n<p data-sourcepos=\"15:1-15:468\"><span id=\"input-sentence~5\">For XRP bulls, there remains some faint hope though. Fascinating statistics show that daily traders are still able to make profit.<\/span><span id=\"input-sentence~6\"> Daily transaction volume in profit compared to loss analysis of XRP reveals that 1.16 transactions produce gains for every transaction ending in a loss. This implies that, in spite of the general negative attitude, short-term trading prospects could remain for qualified investors able to profit on market volatility.<\/span><span id=\"input-sentence~7\"><br \/>\n<\/span><\/p>\n<figure style=\"width: 2475px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/mhQPnv8z\/\" alt=\"\" width=\"2475\" height=\"1163\"><figcaption class=\"wp-caption-text\">XRP market cap currently at $28 billion. Chart: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/figcaption><\/figure>\n<h3 data-sourcepos=\"17:1-17:69\"><strong>MVRV Ratio Offers A Different Perspective<\/strong><\/h3>\n<p data-sourcepos=\"19:1-19:256\"><span id=\"input-sentence~7\">The negative Market Value to Realised Value (MVRV) ratio for XRP could also appeal some investors. This statistic basically contrasts the average price at which all XRP tokens were bought with the present market price of XRP.<\/span><span id=\"input-sentence~8\"><br \/>\n<\/span><\/p>\n<p data-sourcepos=\"19:1-19:256\">A negative MVRV ratio indicates that XRP is undervalued right now, hence investors looking for assets selling below their historical price points might find a buying chance.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/ethereum-bloodbath-over-55-million-in-longs-liquidated-as-price-plummets\/\" target=\"_blank\" rel=\"noopener \">Ethereum Bloodbath: Over $55 Million In Longs Liquidated As Price Plummets<\/a><\/div>\n<h3 data-sourcepos=\"19:1-19:256\"><strong>XRP Price Forecast<\/strong><\/h3>\n<p><span id=\"input-sentence~8\">Technical indicators point to a <a href=\"https:\/\/coincodex.com\/crypto\/ripple\/price-prediction\/\" rel=\"nofollow\">pessimistic market<\/a>, although the present XRP price projection shows a 20% increase to $0.626627 by July 1, 2024.<\/span><span id=\"input-sentence~9\"> At 72 the Fear &amp; Greed Index reflects high investor greed, implying significant purchasing activity but also a risk of overbought conditions and possible market falls should sentiment change.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_611032\" aria-describedby=\"caption-attachment-611032\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-611032 size-full\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/a_d91056.png?resize=1024%2C262\" alt=\"\" width=\"1024\" height=\"262\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/a_d91056.png?w=1031 1031w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/a_d91056.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/a_d91056.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/a_d91056.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/a_d91056.png?w=750 750w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><figcaption id=\"caption-attachment-611032\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/coincodex.com\/crypto\/ripple\/price-prediction\/\" target=\"_blank\" rel=\"noopener nofollow\">CoinCodex<\/a><\/figcaption><\/figure>\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 juice:w-full juice:items-end overflow-x-auto gap-2\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"65b25895-421d-4956-acbc-742e6745705b\">\n<div class=\"flex w-full flex-col gap-1 juice:empty:hidden juice:first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<p><span id=\"input-sentence~9\">XRP has experienced approximately identical numbers of days with price gains (47%), over the past thirty days.<\/span><span id=\"input-sentence~10\"> This strikes a mix between pressures to purchase and sell.<br \/>\n<\/span><\/p>\n<p>The price has changed by 2%, generally in line but clearly in change. This harmony implies that the market is stable, which helps to explain the present negative attitude even with a good long-term price projection.<\/p>\n<p><em>Featured image from Verywell Mind, chart from TradingView<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Since technical indicators show a worrying picture of the price of the altcoin, crypto investors are closely monitoring Ripple (XRP). XRP has entered what many analysts consider as a bearish zone after closing below its 20-day exponential moving average (EMA) for four straight days. Related Reading: MATIC Under The Lens: Why Is Polygon Busy But Not Making Money? Using the average price of XRP over the past 20 days as a resistance level, this technical indicator points to a possible change in market mood. Given the present price trading below this important benchmark, economists worry a drop in demand could be just ahead. XRP was trading at $0.52 at the time of writing, down 0.3% and 3.1% respectively, data from Coangecko indicates shows for the last 24 hours and seven days. Demand For XRP Loses Steam XRP&#8217;s momentum indicators provide insights on the strength and direction of price fluctuations, therefore fuelling the bearish fire. Currently positioned below their neutral points are both the Relative Strength Index (RSI) and the Money Flow Index (MFI). This implies that investors might be aiming to sell existing XRP holdings instead of building more, therefore reducing the buying demand behind the coin. A notable decline in XRP&#8217;s active on-chain addresses further sows gloom. Data from Santiment indicates that over the past month daily active addresses on the XRP network have dropped by thirty percent. Since this drop in general network activity and user involvement suggests a pricing fall is likely to follow. Profit Amidst The Gloom? For XRP bulls, there remains some faint hope though. Fascinating statistics show that daily traders are still able to make profit. Daily transaction volume in profit compared to loss analysis of XRP reveals that 1.16 transactions produce gains for every transaction ending in a loss. This implies that, in spite of the general negative attitude, short-term trading prospects could remain for qualified investors able to profit on market volatility. MVRV Ratio Offers A Different Perspective The negative Market Value to Realised Value (MVRV) ratio for XRP could also appeal some investors. This statistic basically contrasts the average price at which all XRP tokens were bought with the present market price of XRP. A negative MVRV ratio indicates that XRP is undervalued right now, hence investors looking for assets selling below their historical price points might find a buying chance. Related Reading: Ethereum Bloodbath: Over $55 Million In Longs Liquidated As Price Plummets XRP Price Forecast Technical indicators point to a pessimistic market, although the present XRP price projection shows a 20% increase to $0.626627 by July 1, 2024. At 72 the Fear &amp; Greed Index reflects high investor greed, implying significant purchasing activity but also a risk of overbought conditions and possible market falls should sentiment change. XRP has experienced approximately identical numbers of days with price gains (47%), over the past thirty days. This strikes a mix between pressures to purchase and sell. The price has changed by 2%, generally in line but clearly in change. This harmony implies that the market is stable, which helps to explain the present negative attitude even with a good long-term price projection. Featured image from Verywell Mind, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":611051,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[134,428,6664,4531],"class_list":["post-611030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-bitcoin","tag-crypto","tag-xrp"],"acf":[],"yoast_head":"\n<title>Worrying Signs For XRP: Price Tumbles As Demand Dries Up<\/title>\n<meta name=\"description\" content=\"Since technical indicators show a worrying picture of the price of the altcoin, crypto investors are closely monitoring Ripple (XRP). XRP has entered what\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Worrying Signs For XRP: Price Tumbles As Demand Dries Up\" \/>\n<meta property=\"og:description\" content=\"Since technical indicators show a worrying picture of the price of the altcoin, crypto investors are closely monitoring Ripple (XRP). XRP has entered what\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-01T21:30:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-10T15:09:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/A_391af4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Christian Encila\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christian Encila\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/\"},\"author\":{\"name\":\"Christian Encila\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\"},\"headline\":\"Worrying Signs For XRP: Price Tumbles As Demand Dries Up\",\"datePublished\":\"2024-06-01T21:30:25+00:00\",\"dateModified\":\"2024-07-10T15:09:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/\"},\"wordCount\":560,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/A_391af4.jpg?fit=1500%2C1000\",\"keywords\":[\"altcoin\",\"bitcoin\",\"crypto\",\"xrp\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/\",\"url\":\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/\",\"name\":\"Worrying Signs For XRP: Price Tumbles As Demand Dries Up\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/A_391af4.jpg?fit=1500%2C1000\",\"datePublished\":\"2024-06-01T21:30:25+00:00\",\"dateModified\":\"2024-07-10T15:09:01+00:00\",\"description\":\"Since technical indicators show a worrying picture of the price of the altcoin, crypto investors are closely monitoring Ripple (XRP). XRP has entered what\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/A_391af4.jpg?fit=1500%2C1000\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/A_391af4.jpg?fit=1500%2C1000\",\"width\":1500,\"height\":1000,\"caption\":\"XRP\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Worrying Signs For XRP: Price Tumbles As Demand Dries Up\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\",\"name\":\"Christian Encila\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"caption\":\"Christian Encila\"},\"description\":\"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.\",\"sameAs\":[\"jomarjet01\"],\"url\":\"https:\/\/uniquehot.com\/author\/jomarjet01\/\"}]}<\/script>\n","yoast_head_json":{"title":"Worrying Signs For XRP: Price Tumbles As Demand Dries Up","description":"Since technical indicators show a worrying picture of the price of the altcoin, crypto investors are closely monitoring Ripple (XRP). XRP has entered what","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/","og_locale":"en_US","og_type":"article","og_title":"Worrying Signs For XRP: Price Tumbles As Demand Dries Up","og_description":"Since technical indicators show a worrying picture of the price of the altcoin, crypto investors are closely monitoring Ripple (XRP). XRP has entered what","og_url":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-06-01T21:30:25+00:00","article_modified_time":"2024-07-10T15:09:01+00:00","og_image":[{"width":1500,"height":1000,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/A_391af4.jpg","type":"image\/jpeg"}],"author":"Christian Encila","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Christian Encila","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/"},"author":{"name":"Christian Encila","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80"},"headline":"Worrying Signs For XRP: Price Tumbles As Demand Dries Up","datePublished":"2024-06-01T21:30:25+00:00","dateModified":"2024-07-10T15:09:01+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/"},"wordCount":560,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/A_391af4.jpg?fit=1500%2C1000","keywords":["altcoin","bitcoin","crypto","xrp"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/","url":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/","name":"Worrying Signs For XRP: Price Tumbles As Demand Dries Up","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/A_391af4.jpg?fit=1500%2C1000","datePublished":"2024-06-01T21:30:25+00:00","dateModified":"2024-07-10T15:09:01+00:00","description":"Since technical indicators show a worrying picture of the price of the altcoin, crypto investors are closely monitoring Ripple (XRP). XRP has entered what","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/A_391af4.jpg?fit=1500%2C1000","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/A_391af4.jpg?fit=1500%2C1000","width":1500,"height":1000,"caption":"XRP"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Worrying Signs For XRP: Price Tumbles As Demand Dries Up"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80","name":"Christian Encila","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","caption":"Christian Encila"},"description":"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Worrying Signs For XRP: Price Tumbles As Demand Dries Up","url":"http:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/A_391af4.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/A_391af4.jpg?fit=1500%2C1000"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","bitcoin","crypto","xrp"],"dateCreated":"2024-06-01T21:30:25Z","datePublished":"2024-06-01T21:30:25Z","dateModified":"2024-07-10T15:09:01Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Worrying Signs For XRP: Price Tumbles As Demand Dries Up\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/worrying-signs-for-xrp-price-tumbles-as-demand-dries-up\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/A_391af4.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/A_391af4.jpg?fit=1500%2C1000\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"bitcoin\",\"crypto\",\"xrp\"],\"dateCreated\":\"2024-06-01T21:30:25Z\",\"datePublished\":\"2024-06-01T21:30:25Z\",\"dateModified\":\"2024-07-10T15:09:01Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/A_391af4.jpg?fit=1500%2C1000","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/611030"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=611030"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/611030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/611051"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=611030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=611030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=611030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}