Ripple holders $XRP believe in growth
According to Santiment, as of November 12, 39 million XRP tokens were withdrawn from crypto exchanges. This is a positive signal - it means that market participants are moving more and more altcoins to wallets. Thus, the selling pressure is decreasing, which makes it easier for the cryptocurrency to continue growing. Meanwhile, the open interest (OI) in Ripple is growing along with the cryptocurrency rate - now the figure is $989 million, having increased by 13% over the past day. This is another bullish signal. Such dynamics indicate an influx of new liquidity into the token market, which also helps to support the rally. In addition, the XRP funding rate has been in the positive zone for a long time and is now at 0.047%. Thus, traders are actively opening long positions, expecting a further increase in value. This means that there is optimism in the Ripple market.$ACT $DOGE