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With XRP’s price rally now at risk, is it time for traders to get out?

AMBCrypto LogoAMBCrypto11h ago

With XRP’s price rally now at risk, is it time for traders to get out? - AMBCrypto

Quick Summary:

XRP's recent rally has some cracks as risk metrics hinted at overheated conditions and a possible correction.

The NRM’s press time reading of 0.9557 seemed to be nearing historical highs that have preceded major market corrections in the past – A sign of overheated conditions.

While XRP’s rally has thrived on short squeezes, the lack of bearish liquidity and concentrated long positions mean there might be heightened volatility ahead.

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With XRP’s price rally now at risk, is it time for traders to get out? - AMBCrypto (Picture 1)With XRP’s price rally now at risk, is it time for traders to get out? - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Samantha LKM

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-17 @ 22:00:44 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 648 words

Reading Time: 4 minutes read

Sentences: 36 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 25225139

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 19 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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The outlet is headquartered in United States and publishes an average of 19 news stories per day.

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  • News ID: #25225139
  • URL: https://beamstart.com/news/with-xrps-price-rally-now-17371515885193

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