XRP’s Summer Rally Faces Resistance as Dormant Wallets Come Alive

XRP has been on a rebound since the start of June, attempting to erase the losses it sustained in May. At press time, the token trades at $2. 19 However, this upward momentum may be at risk as XRP long-term holders (LTHs) are using the rally as an opportunity to sell for profit. XRP’s Short-Term Rally at Risk as Dormant Wallets Reactivate Along with its price, XRP’s liveliness has risen since June began, suggesting that LTHs are viewing the recent price rebound as an opportunity to offload their holdings source: https://beincrypto.com/xrp-long-term-holders-risk-correction/