XRP
Why XRP is up 2.1% today
Analysis
XRP rose 2.1% over the past 24 hours as multiple reports pointed to renewed accumulation signals, including re-accumulation activity from Korean trading desks suggesting traders are quietly building positions (Bitcoinist). Separately, Binance’s XRP reserves reportedly fell to 2024 lows—often interpreted as reduced exchange supply consistent with accumulation behavior (CryptoNews).
Contributing Factors (3)
XRP Sees Re-Accumulation Signals From Korean Trading Desks As Traders Quietly Build Positions
Despite its steady bearish performance over the past few months, the sentiment toward XRP in certain areas appears to have turned bullish once again. One of the regions showing renewed interest and at...
Binance XRP Reserves Drop to 2024 Lows as Traders Eye Accumulation Signal
Binance XRP Reserves Hit 2024 Lows Amid Accumulation Signs The post Binance XRP Reserves Drop to 2024 Lows as Traders Eye Accumulation Signal appeared first on Cryptonews.
XRP holders hit new high, but THIS keeps pressure on price
Ripple investors show deep commitment, yet XRP price lags.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.