$XRP | Market scenario and its confirmation conditions

Reading: Participation increased, and the price response is positively conditional.

Key evidence: Reference price is 1.38 USDT. A strong order wall appeared close to the price. Futures are trading at a discount versus spot by about -0.06%.

Confirmation condition: Continued volume along with price progress.

When does the reading weaken? Increased activity without a corresponding price outcome.

Confidence level: Medium, and the reading remains conditional on the same data continuing.

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