XRP Sharpe Ratio Turns Positive, Signaling Recovery Toward $1.60 Target

XRP’s risk-adjusted performance has shown early signs of improvement, as its Sharpe Ratio turned slightly positive on March 28 after months of weak readings. The positive signal comes as the 30-day average return for the cryptocurrency is 0.00063. XRP is currently trading at $1.34, representing a decline of 1.89% in the last 24 hours…