Ripple's XRP is down 5% on Tuesday after news of South Korea declaring martial law sparked a surge in selling activity and significant profit-taking among investors.
Ripple 's
is down 5% on Tuesday after news of South Korea declaring martial law sparked a surge in selling activity and significant profit-taking among investors. However, whales have stepped up buying pressure as the remittance-based token looks to stage a recovery. reserve among centralized exchanges, and Bithumb before they temporarily halted trading. The decline is due to the region's high concentration of
Network Realized Profit & Loss, Whale to Exchange Flow | CryptoQuant Meanwhile, Ripple investment products registered net inflows of $95 million — their highest weekly inflow, according to CoinShares digital assets weekly report. This comes as expectations grow around the SEC potentially approving applications for an
/USDT daily chart The remittance-based token needs to recover the $2.58 key level before stretching its rally toward the upper boundary of the rectangle channel at $3.57 to set a new all-time high. The Relative Strength Index has remained at heated levels in the overbought region, indicating a price correction is imminent. A daily candlestick close below $1.96 will invalidate the bullish thesis. Ripple FAQs What is Ripple? Ripple is a payments company that specializes in cross-border remittance.
Ledger. The token is used by Ripple Labs to facilitate transactions on the L? Ledger community. What blockchain technology does
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