XRP started December strong—recording a 10% increase in value since the beginning of the month. A performance in line with the general recovery mood of the market. However, do investors expect this upward trend to continue? Maybe. But there are some warning signals that should be watched closely.
These signals could slow down XRP's momentum in December. Let’s take a look together.
Factors That Could Trigger Selling Pressure on XRP
Recent data reveals a notable spike in XRP Ledger Velocity. One of the highest levels this year. What does this mean? Simply put, the rate at which XRP tokens are changing hands has increased. High velocity usually indicates increased trading activity—which can be a good thing. But at the same time, it can also be a sign of potential selling pressure.
Especially at market peaks, this kind of activity often precedes a correction. So, in short: XRP holders should be cautious.
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BankruptcyArtist
· 12-12 12:19
Velocity is so high... feels like a dump is coming again, it happens every time.
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GraphGuru
· 12-12 05:26
XRP's recent rally is indeed enticing, but when it comes to velocity surging... well, how should I put it, I always have a feeling of an impending storm.
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SilentObserver
· 12-10 01:45
This XRP pump seems a bit shaky. The spike in velocity is the same old trick—I’ve seen too many people buying in at the top...
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EntryPositionAnalyst
· 12-09 21:26
Velocity is skyrocketing, it's really making me nervous... By the way, do you think this is another case of market makers shaking out retail investors?
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ProofOfNothing
· 12-09 21:18
A velocity this high really isn't a good sign. Feels like another round of dumping is coming.
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TrustlessMaximalist
· 12-09 21:16
The velocity is so high... Feels like there's going to be a dump.
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GasFeeTears
· 12-09 21:13
This XRP pump feels a bit fake... velocity has spiked to a yearly high, which is usually a distribution signal, right? Wake up, everyone.
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GhostChainLoyalist
· 12-09 21:10
This surge in XRP is pretty good, but don’t get too excited... such high velocity indicates a sell-off signal.
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DAOdreamer
· 12-09 20:59
When velocity soars like this... all seasoned crypto users know what this means. Simply put, it's the prelude to a dump.
XRP started December strong—recording a 10% increase in value since the beginning of the month. A performance in line with the general recovery mood of the market. However, do investors expect this upward trend to continue? Maybe. But there are some warning signals that should be watched closely.
These signals could slow down XRP's momentum in December. Let’s take a look together.
Factors That Could Trigger Selling Pressure on XRP
Recent data reveals a notable spike in XRP Ledger Velocity. One of the highest levels this year. What does this mean? Simply put, the rate at which XRP tokens are changing hands has increased. High velocity usually indicates increased trading activity—which can be a good thing. But at the same time, it can also be a sign of potential selling pressure.
Especially at market peaks, this kind of activity often precedes a correction. So, in short: XRP holders should be cautious.