XRP Ledger ACTIVATES Yesterday, Signaling Today's Rebound
📈 Crypto markets are rebounding, but $XRP's price has been on a particularly huge tear. Since bottoming out below $1.15 just under 18 hours ago, the 4 market c
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📈 Crypto markets are rebounding, but 1.15 just under 18 hours ago, the #4 market cap has now recovered to back above $1.50.
😱 Panic sellers should have stopped to notice the massive activity on the XRP Ledger as speculators were discussing whether the coin would fall below $1.00.
🐳 Obvious whale accumulation occurred during this dip, with 1,389 separate $100K+ whale transactions (the highest in 4 months)
📊 The amount of unique addresses on the ledger suddenly ballooned to 78,727 in just one 8-hour candle (the highest in 6 months)
👍 These are both major signals of a price reversal for any asset.
🧐 Now that there is a rebound, expect for these metrics to slow down. If you see another isolated spike while prices are now rising, that is a signal that $XRP has topped out again. Monitor it here!
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