🚀XRP's price is on the rise, up 3.5% in 24 hours! 🎉 This rally is fueled by the broader crypto market recovery and reports of institutions buying the dip. CoinShares reported a whopping $441M inflow into crypto funds during the recent market crash. XRP-focused funds alone attracted $400K in the week ending July 5. Since then, the XRP/USD pair has surged nearly 10%! 📈
Whale watch: XRP supply held by entities with 100M-1B tokens has increased, signaling confidence among big players. 🐳
Technical analysis suggests XRP's gains are part of an oversold bounce. If the trend continues, we could see XRP hitting $0.45, a 5% increase from the current price.
What are your thoughts on XRP's rally? Share in the comments! 👇 Remember, invest wisely!