📊 Update: Potential breakout signals for $XRP after reports from CryptoQuant!
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According to CryptoQuant's analyses, strong seller absorption has been observed on Binance, a signal that often precedes a bullish price breakout.
What does Seller Absorption mean?
It is a phenomenon that indicates there is strong market demand that successfully absorbs large selling volumes without significantly shaking the price — demonstrating the presence of strong buyers behind the scenes.
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Why is this a positive signal?
• It means the market is preparing to break through strong resistance
• It suggests institutional interest or smart accumulation
• It could be the start of an upward price movement
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Do you think $XRP is gearing up for a bullish wave? Or is it just a temporary bubble?
Share your opinion!
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