$XRP entered uptrend, which led to 44% price increase, but with bullish performance comes significant profit-taking
, the digital asset associated with the Ripple payment network, recently witnessed remarkable performance, with its value surging by approximately 45%. This remarkable increase could be linked to the heightened profit-taking activity among traders. The asset's strong March recovery has seen its price rise by 44% in the past two weeks, with an additional 11% gain just today. As a result, the ratio ofCurrently trading at $0.
54, XRP has enjoyed a 40% increase in value over the last month. This impressive uptick can be partially attributed to the optimistic outlook surrounding Ripple's ongoing legal battle with the U.S. Securities and Exchange Commission .continues its impressive March recovery, with its price now +44% in the past 2 weeks and another +11% today. As a result, we're seeing a very high level of trader profit taking, which is at its highest ratio vs. loss taking since Aug, 2021.
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