The Token XRP linked to undulation has experienced a strong purchase pressure, with a net purchase pressure in less than 10 minutes worth $ 10 million in less than 10 minutes.
Early today, there was an XRP market purchase order of $ 3 million in future binance perpetuals. In particular, the gigantic purchase order was executed in just 100 milliseconds.
The order, which has absorbed a significant amount of sales liquidity, managed to boost the price of Token at an intra -dialy of $ 2.91.
XRP is currently changing from hands to $ 2.86 after giving up some profits, according to Coingcko data.
Catalysts for XRP
Although September is typically a bearish month for Bitcoin and other important cryptocurrencies, XRP could end up surpassing in October.
As reported by U.TODAY, it is widely expected that the SEC with ETF Greenlight XRP in the fourth quarter of this year. Franklin Templeton, Bitwise, and some other key emitters have joined the XRP race, but Blackrock and Fidelity have remained out.
If the ETF XRP show that the detractors are wrong and end up exceeding expectations in terms of entries, this could create a powerful narrative for the Token and potentially prepare the stage for a rally towards a new record.
