✦ An unprecedented leap for XRP in just a few hours ✦
XRP recorded a remarkable surge in the spot market, with its inflows increasing by 2860% in just 8 hours ⚡📈
This sudden jump came at a time of general calm, reopening questions about the potential shift in the economic cycle of cryptocurrencies.
Data indicates that this strong activity is related to a technical rebound 🔄, after XRP's price exited an overbought range that had pressured it for a while. This rapid shift ignited the interest of followers, especially with the clear disparity between price movement and the overall market momentum.
However ⚠️, despite the noticeable rise, fundamental indicators remain relatively weak, as a continued decline in activity on the XRP Ledger network reflects fragility in sustainability in the short term.
◉ In summary:
An extraordinary move in record time ⏱️, but it needs stronger fundamental support to confirm its continuity 🔍
