XRP Reserves on Binance Hit 3-Month High as Price Breaks $1.50
• XRP reserves on Binance have reached approximately 2.68 billion tokens, their highest since June, coinciding with the token trading above $1.50.
• The increase in reserves is attributed to trading turnover rather than a significant sell-off by holders, indicating greater liquidity in the market.
• Despite a recent price rise, XRP remains significantly below its all-time high, with caution advised as its Relative Strength Index indicates overbought conditions.
https://cryptopotato.com/xrp-reserves-on-binance-hit-3-month-high-as-price-breaks-1-50/
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