XRP Trading Volume Explodes. Multi-Million Dollars In 1 Minute Worldwide
Main Idea
XRP experienced a significant trading volume spike with over $33 million traded in one minute, accompanied by a price surge of nearly 6%, indicating strong buying pressure and potential bullish momentum.
Key Points
1. XRP recorded an extraordinary trading volume spike, with over $33 million traded in just one minute globally.
2. On August 4, 2025, XRP's price surged by nearly 6%, rising from approximately $2.83 to a daily high of $3.03.
3. The trading volume spike correlated with upward price movement, indicating strong buying pressure.
4. Technically, XRP cleared multiple resistance levels at $2.87, $2.92, and $2.97 before encountering resistance at $3.03.
5. Over $14 million in leveraged long positions were opened across major exchanges, showing confidence in XRP's short-term trajectory.
Description
In a surprising turn of events, XRP recorded an extraordinary trading volume spike, with over $33 million traded in just one minute across global exchanges. This data was flagged by respected crypto analyst Xaif on X, capturing what appears to be a highly coordinated liquidity event. While XRP has seen significant trading bursts in the past, this latest surge stands out for its speed and scale, drawing immediate attention from the broader crypto community. Price Reaction: XRP Rallies Toward $3.0...
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