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XRP recovers after 3 million USD short squeeze – will it last?

XRP recovered following a 3 million USD short squeeze, showing resilient buying interest despite a decline in futures trading volume. Current market sentiment is cautious as traders are mitigating risks due to rising inflation.

The balance between buyers and sellers will determine if XRP can maintain its recent gains. Whale activity is curbing significant drops, but challenges in sustaining momentum could arise if buying pressure weakens.

This is community-generated content, not advice from ONUS.
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