
Title: 1.1 Billion XRP in 24 Hours: Massive Record Set
U.Today is reporting a staggering development in the cryptocurrency market as Ripple’s native token, XRP, has just set an all-time high in transaction volume. Over the past 24 hours, a massive 1.1 billion XRP has been traded, shattering previous records and leaving many analysts stunned.
This unprecedented surge in activity has sparked significant interest among investors, who are now eagerly watching to see if this momentum can continue. Given the asset’s history of recovering well from areas around $1.95, there is a strong possibility that we may see a short-term recovery in XRP’s value.
The Relative Strength Index (RSI) indicator suggests that XRP is close to oversold territory, further supporting the notion that a bullish reversal could occur if the asset holds above the critical $2 threshold and consolidates above the 200 EMA.
Source: https://u.today/11-billion-xrp-in-24-hours-massive-record-set