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XRP Changes Direction: Where to Now?
The crypto market has been experiencing increased volatility in recent weeks, and XRP was no exception. The digital asset’s price dropped nearly 7% at one point on Wednesday, but managed to rebound alongside stocks in the U.S. afternoon hours.
Despite this brief downturn, it seems that XRP has changed direction, leaving investors wondering where the asset will go from here.
CryptoQuant reports have shown a significant surge in whale inflows for both Bitcoin and XRP as prices fall. This suggests that large-scale investors are moving quickly to capitalize on market fluctuations.
In a reversal of its earlier trend, the crypto market rebounded after the initial downturn, paving the way for what some believe could be an explosive run higher.
As XRP’s price continues to move within a narrow range, many are left questioning whether this is just a temporary reprieve or the beginning of a larger upward trend.
Source: https://u.today/xrp-changes-direction-where-to-now
