Will THIS help XRP finally see the rally it’s been waiting for?

Five hundred million Ripple has recently been unlocked, and the direction of flow could impact the asset's price as it struggles.

Inflows or outflows? This is the question that most traders want answered as a new batch of XRPs get unlocked.

This development will likely evoke mixed reactions among traders, especially considering that XRP has recently crossed a crucial zone in its price trend.The chart revealed a significant development: a “death cross,” marked by the yellow line crossing below the blue line. This typically signals a bearish trend.At the time of this writing, XRP continued to decline, with over a 3% decrease, trading at around $0.48.

Specifically, the chart revealed that the inflow volume surged to over 51.6 million XRPs on the 30th of April. In contrast, the highest outflow volume observed during the same period was over 33.2 million XRPs.At the time of writing, XRP’s inflow volume had decreased to around 3.2 million. In comparison, the outflow volume stood at approximately 7.5 million.Adewale is a full-time journalist at AMBCrypto.

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