XRP Heatmap Maps Supply Concentration Across Cost-Basis Levels

The XRP Cost Basis Distribution Heatmap maps supply concentration across cost-basis levels, helping show where past accumulation may coincide with potential support or resistance for XRP. The chart’s default view uses a one-day resolution over a six-month period. It uses an address-based method to display how supply is distributed across cost-basis levels. Dense bands indicate price levels where significant portions of supply were acquired. They may help identify potential support or resistance, but do not establish that holders will sell if XRP reaches those prices. Enna Lee reports on investing and digital-asset markets for TokenPost.

Source: TokenPost