š„Ā XRP just exploded with a 24% surge in the past 24 hours, reachingĀ $1.4332, a level last seen in September 2021. This puts it within striking distance of its all-time high (ATH) ofĀ $1.9669, justĀ $0.5337 away!
šĀ The momentum is undeniable: XRP has gained a whoppingĀ 165% over the past month, reflecting growing investor enthusiasm and market confidence.
Key Highlights š§
1ļøā£Ā Bullish Signals Everywhere:
XRPāsĀ Open InterestĀ hit a recordĀ $2.47 billionĀ (+32.41% in 24 hours). š
Trading volume surgedĀ 177.99% to a staggeringĀ $21.59 billion. šš„
This activity resulted inĀ $14.51 million worth of short liquidations, intensifying the upward trend. š¤
2ļøā£Ā Profit-Taking Begins:
Some investors are cashing in their gains, withĀ $23.72 million net inflowĀ into exchanges. šø
This could create resistance, butĀ buyer momentumĀ remains strong. šŖ
Whatās Next? š¤
šĀ If the rally continues, XRP could break through its ATH and set new records! š
šĀ However, a pullback to key support atĀ $0.9361Ā is possible if momentum slows. ā³
šÆ The big question:Ā Will XRP rewrite history and cross $2?Ā Letās see how the market plays its next hand! š
šĀ Stay tuned for more updates, and let us know: Are you bullish on XRP?Ā š¤