XRP’s Wild Ride: Is A Crash Impending?
$XRP just went full send, hitting $2.81 and almost touching its $3.4 ATH.
The Fuel? Ripple’s RLUSD stablecoin rumours and whispers of an XRP ETF. South Korea’s traders showed up heavy, pushing $6B volume on Upbit alone.
But one thing to note is that 38.9B tokens are chilling in escrow, not in circulation.
Big traders like IncomeSharks are skeptical, predicting a dive back under $0.60.
History gives these doubts credence: 2021 saw XRP pop to $2 before tanking 75%, and in 2018, it nuked 92% after hitting its ATH.
Source: Mario Nawfal