It recovers when the whales do not dominate the bottom.
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🚨 Crypto Alert: XRP Takes a Dip! 🚨
- XRP price fell over 5% on Wednesday, wiping out Tuesday's gains post-RLUSD stablecoin launch. - Liquidations hit hard, with $15.19M in bullish positions closed, alongside $4.6M in shorts. - RLUSD enters a crowded stablecoin market, competing with giants like Tether and USD Coin. - Market jitters ahead of the Fed's interest rate decision add to the volatility. - XRP's future? Eyes on SEC's potential ETF approval and Ripple's IPO plans.
What do you think? Will XRP bounce back or continue its slide? Share your thoughts below! 💬
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