XRP Surges to $3 But Faces $950M Sell Pressure: Can Bulls Push Toward $4 Next?
PositiveCryptocurrency

XRP has surged past the $3 mark, buoyed by Bitcoin's recent highs, which has sparked increased interest in altcoins. This rise is significant as it reestablishes a crucial psychological support level for XRP. However, there's a potential challenge ahead, with 320 million XRP worth approximately $950 million moving onto exchanges, which could create selling pressure as the price approaches a resistance zone. The ongoing discussions around ETFs and Ripple's developments add to the excitement, making this a pivotal moment for XRP traders.
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