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Whale sell-offs threaten XRP’s rally despite bullish forecasts Ambcrypto 12 sept. 2024

Whale sell-offs threaten XRP’s rally despite bullish forecasts 🔻

XRP

XRP seems positioned for a rally, but persistent bearish trends are hindering its rise.

Whale sell-offs have been a significant factor in this bearish sentiment, preventing XRP from making substantial gains.

Despite optimistic forecasts for XRP’s future, these large-scale sales are causing concerns among investors and affecting market dynamics.

The persistence of bearish trends highlights the volatile nature of the cryptocurrency market and the impact of major stakeholders' actions on asset prices.

Source : ambcrypto.com ↗

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