Demand for XRP Exploding: Analyst Salutes Those Who Bought In Early
2025-07-15 09:35:50
Main Idea
The demand for XRP is surging, with its price rising 27.4% over the past week, and market watchers are closely tracking its repeated retests of the $3 level, indicating strong bullish sentiment.
Key Points
1. XRP's price has risen 27.4% over the past week, with current trading activity showing strong bullish interest around the $3 level.
2. Analyst Dark Defender highlighted XRP's active order book and upward trend, noting significant buy orders in the $3.0160–$3.0180 range.
3. Technical indicators, such as the RSI, suggest XRP is in overbought territory, indicating potential for further price increases.
4. More than 74% of current order flow is weighted toward buys, with sell pressure appearing thin until after $3.0195.
5. The article mentions regulatory developments and market sentiment as factors contributing to XRP's recent rally.
Description
In what appears to be one of the most aggressive moves for XRP in recent months, the token has risen 27.4% over the past week, with its current price hovering around $2.84. Market watchers are closely tracking its repeated retests of the $3 level, with a strong bullish order book forming just above and below this psychological barrier. The excitement is clear, both in trading behavior and among analysts. The XRP Demand Surge One such analyst is Dark Defender (@DefendDark), who posted a snapshot ...
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