Ripple (XRP) has experienced a recent surge in value, but faced a slight dip in the past 24 hours. However, this dip is expected to be temporary, as the XRP liquidation heatmap suggests. The heatmap shows that a significant level of liquidity is currently around $0.62, indicating a potential price move to that region. Additionally, the Spot Inflow/Outflow metric indicates a bullish outlook, as $5 million worth of XRP has exited exchanges in the last 24 hours, suggesting holders are choosing to hold rather than sell. Technically, XRP's price moving above the 20- and 50-day EMAs indicates potential bullish momentum. If buying pressure grows, the altcoin's value could rise by another 7% to $0.62. However, if liquidity moves to a lower area, XRP's price might drop to the 61.8% Fibonacci level at $0.55.



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