- Despite FUD surrounding XRP, the asset is gearing up for a bullish run.
- An analyst stressed XRP’s need to reclaim $0.6649 to pave the way for a potential rally towards $2.
- XRP is trading at $0.5591, reflecting barely a 1% gain over the last 24 hours.
A notable crypto analyst on X has outlined a crucial condition that could lead XRP to reclaim a peak value beyond the $1 threshold amid the growing bull market. In a recent post, X-based market watcher ‘Dark Defender’ called attention to ongoing debates concerning XRP and their impact on the asset’s market value.
Great discussions on ODL or programmatic sales of #XRP are ongoing and created significant FUD where I had no impact.Meanwhile, XRP preparing for the surge.
Just see the $0.6649 level & how quickly it escalated towards an all-time high and the $2 level previously.
All will… pic.twitter.com/IFnSYc6HFG
— Dark Defender (@DefendDark) February 18, 2024
Dark Defender pointed out that there have been heated debates surrounding Ripple’s XRP distribution, particularly concerning On-Demand Liquidity and programmatic sales, or sales through public exchanges.
The analyst asserted that the discussions h…
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