The power of social media in the crypto market was on full display when a simple tweet from WallStreetBulls (@w_thejazz) set off a wave of excitement among XRP traders. The post, which read “True – 100% it will happen “, lacked details but was enough to send XRP’s price surging from $0.65 to $0.72 in just 30 minutes.
The immediate reaction was a massive 45% jump in trading volume, with over 1.2 billion XRP traded in the same timeframe. This surge highlights how quickly sentiment can shift in the cryptocurrency market—especially for assets like XRP, which are known for their speculative appeal.
XRP Trading Metrics Show Bullish Momentum 📊
XRP/USD Open Interest – Increased from 500 million to 650 million XRP, signaling stronger bullish sentiment.
XRP/BTC Pair Movement – Gained 2% against Bitcoin, climbing from 0.000015 BTC to 0.0000153 BTC.
Volatility Index Surge – Spiked from 60 to 85, reflecting rising uncertainty and market activity.
Technical Indicators Confirm Strength
RSI (Relative Strength Index) – Jumped from 60 to 75, pushing into overbought territory.
MACD (Moving Average Convergence Divergence) – Flipped bullish, signaling potential upside momentum.
Active Addresses – Increased 10% to 220,000, showing higher network participation.
Average Transaction Size – Rose from 1,500 XRP to 2,000 XRP, indicating larger trades.
AI Trading and Market Manipulation?
Interestingly, AI-driven trading bots, which account for around 30% of trading volume, likely played a role in amplifying the price movement. These bots react to trending sentiment, meaning a viral tweet like this could have triggered algorithmic buying, accelerating the rally.
Is XRP Ready for a Breakout?
With resistance at $0.72 now tested, traders are eyeing a potential breakout if XRP can sustain this momentum. If the $0.72-$0.75 range is cleared, analysts suggest XRP could push toward $0.80 and beyond in the near future.
