XRP (XRP) is once again testing traders' resolve as it slips toward a key technical threshold near $1.30, with on-chain data suggesting the token has entered an unusually depressed valuation zone. While such conditions have historically coincided with cyclical bottoms, broader market ‘risk-off' flows—highlighted by heavy outflows from Bitcoin (BTC) spot ETFs—are keeping sentiment fragile.

XRP Tests $1.30 Support as On-Chain Data Signals Deep Undervaluation