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#MarketDownturn
XRP Price Prediction for December 2, 2024 Amid $256M Inflow
The post XRP Price Prediction for December 2, 2024 Amid $256M Inflow appeared first on Coinpedia Fintech News
XRP, the native token of Ripple, has reached a significant milestone by breaking above the $2 level for the second time since January 2018. With its impressive performance, it seems likely that the bulls will sustain this rally until it reaches the $3 mark.
Will the XRP Price Rally Continue?
Following XRP’s latest feat, whale and investor participation has skyrocketed, raising a common question – Will this rally continue or is there a chance of a price correction in the coming days?
$256M XRP Inflow, Spot Sell?
On-chain analytics firm Coinglass recently reported that amid the current bull market, whales and institutions have been consistently pouring millions of dollars worth of XRP into exchanges. According to Coinglass’ XRP inflow/outflow data, exchanges have witnessed a significant inflow of $256.30 million in the past three days. It’s moon 🌙 brothers 🌙💥💥💥$XRP