DcRichWaves of investment, creating fomo.. Pushing up the price too quickly for it to be the everyday trader.. So yeah, it is manipulation when it ends with a pullback, or "correction" as people like to call it. The only thing being "corrected" is the new sell positions put in by the very same big cheese investors who started the wave..
Tbh , it's always been like that, so just enjoy the ride..
However, i think this game can only be played for so long as xrp and ripple are closing important progressive deals every few days.