As seen on the chart shared by the market expert, the leading South Korean cryptocurrency exchange has seen renewed activity on XRP pairs. In the past, periods of accumulation on the Korean markets have frequently been accompanied by greater momentum and liquidity. Meanwhile, this renewed buying activity could mark the beginning of an upward swing for XRP, driven by growing demand.
Since the re-accumulation signal, the price of the altcoin has increased by over 38%. Historically, when Korean liquidity steps in, Arthur stated that the price typically follows the trend. Thus, the expert believes that monitoring the flows could provide insights into the possible next direction of the token.
Positioned In A Sweet SpotDespite the price trajectory, the markets naturally move toward liquidity because that is where the orders are located. When price reclaims these areas, shorts are forced to close, and a closed short hints at buying re-accumulation at higher levels. As a result, upside moves can be extremely swift.
