XRP has rebounded to approximately $2.55, recovering from below $2.00 due to a liquidity flush and short-covering activities. This price surge was accompanied by a significant increase in trading volume. However, analysts suggest that consistent daily closes above $2.00 and increased on-chain volume are necessary to confirm a sustained bullish trend.
Meanwhile, Bitcoin continues to exhibit strength, maintaining its position above $115,000 and preserving a bullish market structure. Additionally, Shiba Inu has stabilized above $0.0000100 following a recent flash crash, successfully avoiding a further symbolic price decline.
XRP Surges to $2.55 Amid Short-Covering; Bitcoin Steady Above $115,000
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