XRP price just surged 40% in a surprise relief rally — Here’s why
Cointelegraph
Published Dec 25, 2020 06:13AM ET
Updated Dec 25, 2020 10:40AM ET
XRP price spiked by 40% in the past 24 hours, recording a 52% gain at the day’s peak. Behind the surprising rally was a big short squeeze that caused massive volatility within hours.
It is evident that the upsurge was driven by a short squeeze across futures exchanges because of the speed of the rally.
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Written By: Cointelegraph
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