XRP Spot Flows Surge 182% Despite Positive Market Dynamic

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XRP spot flows surged 182% over a short period, reflecting a significant increase in trading activity. The XRP price remains stuck around $1.10, below its 50-day, 100-day, and 200-day moving averages, maintaining a firmly bearish long-term trend. Daily payment volume on the XRP Ledger has declined compared to the peak recorded in early July, when over one billion tokens were moved in a single day. On-chain activity remains mixed, with the number of active users relatively stable. This rise in spot flows represents portfolio repositioning rather than outright bullish accumulation, as traders position themselves ahead of significant market moves.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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