XRP, the native token of Ripple Labs, is gaining attention as it experiences bullish price action. Crypto whales have purchased 60 million XRP tokens in the past 24 hours, and the asset is finding support at the 200 Exponential Moving Average (EMA) on the four-hour timeframe. This suggests that it is in an uptrend. Traders holding long positions dominate, and on-chain metrics indicate that bulls are back to support the asset, potentially leading to a significant price rebound.



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