XRP up 370% since elections, but could altcoin’s price rally really be over already?

XRP’s impressive 370% rise since the U.S. Presidential Elections now raises concerns of a downward trend. The long-term holder NUPL metric indicates market enthusiasm, suggesting this might be an opportune moment for profit-taking.

Despite XRP’s gains, on-chain signals reflect a bearish outlook following its decline below $2.19. Investor sentiment remains mixed, prompting caution among holders who might have reached their return peak.