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XRP Volume Explodes. Something BIG Is Brewing

Markets have been unsettled in recent weeks, with several leading cryptocurrencies experiencing sideways movement after strong rallies in July.

Amid this uncertain backdrop, Xaif (@Xaif_Crypto), a prominent crypto influencer on X, highlighted a sharp increase in XRP activity that has begun to capture interest across the market.

According to Xaif, the digital asset had a trading volume of more than 5.94 billion tokens before a swift rise sent it up by 44% to reach $6.61 billion. This surge in activity coincided with XRP’s price shifting direction after its recent decline, raising speculation that momentum could be turning in the asset’s favor.

XRP’s Recent Struggles

Despite the encouraging rise in activity, XRP has struggled in recent sessions. After reaching an all-time high in July, the asset entered a consolidation phase before falling below the $3 support in late August. It retreated to $2.7, scaring many investors who had anticipated a continued climb.

This period of decline was marked by subdued momentum and a lack of clear catalysts, leaving the asset lagging behind several other large-cap cryptocurrencies in terms of performance.

The asset’s price currently hovers above $2.8, but failure to sustain that level could cause a deeper retracement. However, Xaif’s comments suggest the market may be shifting in XRP’s favor.

Signs of a Possible Recovery

The surge in volume and the accompanying uptick in market capitalization provide a potential counterpoint to the recent weakness. High volume often precedes meaningful price action, and the data suggests that traders are once again engaging with the asset in significant numbers.

The asset experienced massive sell-offs in August, contributing to its decline. However, rising volume suggests some of these large investors could return, seeing the current low price as an opportunity to accumulate.

Xaif’s emphasis on the volume spike reflects this shift, framing it as evidence that “something BIG is brewing.” If XRP maintains the current momentum, it could begin to recover from its recent decline and break out of this consolidation phase to reestablish support at higher levels.

The increase in activity may represent the first sign of renewed strength in a while. Investors will be closely monitoring whether this volume expansion translates into sustained upward price movement and if the asset can reclaim crucial support levels in the coming weeks.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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