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Ripple’s 470M XRP Lockup Fails to Break Price Resistance—Traders Yawn
Ripple’s 470M XRP Lockup Fails to Break Price Resistance—Traders Yawn
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Ripple just shackled another 470 million XRP in its vault—a move that typically signals reduced supply and potential price upside. But the market? Barely blinked.
Despite the hefty lockup, XRP’s price remains stuck below key resistance levels. Bulls are left wondering if this is another ’supply shock’ narrative that won’t deliver—or just more ammo for the next speculative frenzy.
Funny how these ’strategic escrows’ always seem to coincide with periods of retail boredom. Almost like clockwork—or a hedge fund’s quarterly report.
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