XRP Reaching Oversold Levels As Net Flows Turn Negative, What’s Next?

However, this was no cause for alarm. If anything, Dom explained that this could be bullish for the XRP price. One reason for this is that prices are going up while sell-offs are dominating, which shows that retail is not behind it. He explains that whales and market makers are likely absorbing the coins being dumped on the market, thus leading to the simultaneous increase in price.

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