XRP Sees a $500 Million Inflow After the Selloff Ends, Has It Bottomed Out and Begun a Historic Rebound?
XRP Sees a $500 Million Inflow After the Selloff Ends, Has It Bottomed Out and Begun a Historic Rebound?
XRP is signaling the opening phase of a surprise rebound, accompanied by explosive buying volume of around $500 million after entering an unprecedented oversold zone.
According to cryptocurrency-focused outlet U.Today on February 7 (local time), buying activity in the XRP market has surged sharply, with trading volume approaching the $500 million level. After weeks of steady declines within a downward channel and the formation of new lows, sudden liquidity and speculative interest appear to have returned to the market.
In several recent trading sessions, XRP’s price broke through key support levels one after another, showing capitulation behavior close to panic selling. However, as soon as the price entered an extremely undervalued, oversold state, a wave of large-scale buying flowed in, reversing market sentiment.
From a technical analysis perspective, XRP is currently among the most oversold assets in the broader market. Momentum indicators that signal the limits of selling pressure remain in oversold territory, displaying a classic precursor to recovery typically observed when sellers lose strength and buyers begin building new positions.
The surge in buying volume is injecting new momentum into XRP’s market structure. A recovery in liquidity often leads to a relief rally, and forced liquidations of leveraged short positions could further accelerate price gains. If the upward momentum holds, XRP is likely to attempt a breakout above nearby resistance levels while seeking short-term price stabilization.
However, investors should maintain a cautious approach. The current spike in trading volume may represent a short-term speculative reaction rather than a complete reversal of the overall trend, which remains downward. To confirm a sustained long-term rebound, XRP would need to reclaim and hold key technical resistance zones.
*Disclaimer: This article is for investment reference only, and no responsibility is assumed for any investment losses based on it. The content should be interpreted solely for informational purposes.*
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