XRP Price Prediction: Ripple Token Under Pressure As Analyst Alleges Binance Is ‘Manipulating’ XRP In ‘Coordinated War’
The XRP price has dropped more than 1% in the last 24 hours to trade at $2.81 as of 4 a.m. EST on a 13% increase in the daily trading volume to $6.56 billion. The drop in the Ripple token comes as crypto analyst Pumpius accused Binance of dumping XRP to stop its price from rising. In a viral post that has received more than 196k views, Pumpius said the exchange used sudden liquidity drains and large sell orders to block rallies, even after Ripple received positive news. “Binance isn’t just dumping crypto, they’re deliberately manipulating XRP’s price,” Pumpius said. “This is a coordinated war.” 🚨 BINANCE IS DUMPING $XRP 🚨 Massive sell pressure. Sudden liquidity drains. Charts spiking red. But here’s the part the peasants don’t get: Binance isn’t just dumping crypto, they’re deliberately manipulating XRP’s price. This is a coordinated war. 🧵⚔️ pic.twitter.com/bKLzHkONk2 ...