XRP defends KEY support as whales buy the dip – Is $3.12 in sight?
Key Takeaways Why is XRP showing renewed bullish sentiment despite recent volatility? Because both crowd and smart money indicators turned bullish, while outflows signal investor accumulation. How could the ETF update influence XRP’s short-term breakout potential? The anticipated mid-November ETF approval could amplify institutional demand and strengthen bullish momentum. Ripple [XRP] has entered a renewed phase of optimism as both crowd and smart money sentiment turn bullish, according to Market Prophit data. Despite recent volatility, the alignment between retail and institutional sentiment highlights growing investor confidence. This positive shift follows a $4.75 million outflow from exchanges and a 3.64% drop in Exchange Reserves, signaling accumulation rather than selling. As market dynamics evolve, traders now focus on whether this synchronized bullish sentiment can sustain momentum and push XRP toward a confirmed breakout after weeks of indecision...