XRP has exploded recently, with whale investors increasing their holdings by 150 million XRP in the past 48 hours! This increase in holdings echoes the surge in open interest, which currently has reached $1.9 billion, meaning that market enthusiasm is heating up again. As prices consolidate near key support levels, investors' buying behavior is laying the foundation for future price trends.
If XRP breaks through key resistance levels, it is very likely to usher in a larger wave of increases, and short risks will gradually be eaten up by bulls. The bullish atmosphere is getting stronger, market volatility will continue to rise, and subsequent trends will definitely be more intense!
