XRP Price increase today due to Japan/Korea Pump

There has been a noticeable spike in XRP prices today because Upbit and BitBank have increased their volume of XRP several fold. The trading pairs that are skyrocking in volume are also the XRP/JPY and XRP/KRW. The massive increase in the volume of XRP at these two exchanges shows sign of a Pump group. Someone said on livestream tonight that they would pump it up to as high as 80 cents or more, which is possible for a group with deep pockets. But for such a pump, a dump usually comes afterwards so watch out. However, seeing that it is at 52.5 cents right now, there may be profit still to be made, but I wouldn’t bet the bank on it.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s