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XRP Holds Important Support – Signs for Next Bull Wave?
XRP is holding steady above an important price level after a period of strong volatility. According to Glassnode data, $2.81 has become a critical support area, where investors have accumulated nearly 1.7 billion tokens.
Another significant supply density can be observed at the $3.26 level, where over 1.05 billion tokens have been purchased. Meanwhile, a much smaller amount, only about 2.9 million tokens, has been accumulated in the narrow range of $3.57 to $3.58. These figures highlight the importance of certain levels in determining the market's future direction.
Another significant supply density can be observed at the $3.26 level, where over 1.05 billion tokens have been purchased. Meanwhile, a much smaller amount, only about 2.9 million tokens, has been accumulated in the narrow range of $3.57 to $3.58. These figures highlight the importance of certain levels in determining the market's future direction.
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