XRP Bulls Make a Violent Comeback! 2 Billion Leveraged Tokens Flood In, How Long Can the $3 Pressure Hold Up?
This wave of XRP doesn't seem to be a show.
In the past 24 hours, the number of open futures contracts surged to 2.03 billion XRP, with a total value of $4.76 billion, and the price rose to $2.34, with trading volume skyrocketing by 26.5%!
Coinbase's trading volume is even more outrageous, skyrocketing by 3400% to $1.06 billion.
This isn't retail investors playing around; this is the main force betting on direction.
Don't forget, XRP suffered a huge loss near $3 at the beginning of this year and has been adjusting since then.
Now, the main force is once again eyeing that critical point — the $3 heavy pressure zone, which is being targeted.
With technical and emotional factors resonating together, the current price is just at the critical point of momentum. It's either going to break through to the heavens or face another halving.
