Last week, XRP showed a positive activity as its price value posted a significant rally in order to reach the figure of $0.37. However, a few days after this short-term price rally, the fourth-ranked digital currency plunged down and moved into the bearish zone once again where it is currently trading. But, despite the current behavior of XRP which is slightly bearish by the way, the holders of this digital asset are still optimistic.
XRP Statistical Data
The market cap of XRP is standing at around $13,445,161,182 out of the total market cap.
The 24-hour trading volume is $4,820,840,188.
While on the other hand, the circulating supply of the coin is 45,404,028,640 XRP.
XRP Price Value
The price value of XRP is holding at around $0.29, at the press time.
XRP, the native digital currency of the San Francisco-based cross-border blockchain payments firm Ripple, initiated its recovery phase the previous week after going through a severe price crash which led the coin to move down below $0.18. The price of XRP plunged down by more than 60 percent within the duration of just two days following the news that the United States Securities and Exchange Commission (SEC) filed a lawsuit against Ripple.
However, the price of XRP saw a notable price surge last week when it spiked to the $0.37 level on the 10th of January on the platform of the major United States cryptocurrency exchange Kraken, as per the data from the leading charting site Trading View.
Source: Trading View
However, XRP could not hold out there and again dive down below its psychological level of $0.30 by facing a price loss of nearly 18 percent. At the time of writing, the price value of XRP is trading at around $0.29 with a change rate of -1.43 percent in the last 24 hours.
Currently, the fourth-ranked digital currency is facing resistance at the $0.30 level. Other than this, $0.36 and $0.40 are the next two crucial resistance levels for the coin that needs to be broken.
The holders of XRP, however, are still confident in XRP and believe that the coin will once again come back into its bullish momentum.
Lawyer James K. Filan Says XRP Community Could Make A Huge Impact On Ripple Vs. SEC Case
$33M Injected Into XRP Products Within One Week Boosting AUM Of the Sector Up
How Is the XRP Lawsuit Going And How Investors Make More Money on the Recent Fluctuation of XRP Prices?
XRP Holders are Seeking intervention in the SEC’s Lawsuit Against Ripple
New Report Says Ripple Is A Potential Competitor To Indian Traditional Banking System
Recent Press Release
The Best NFT & DeFi Project Token Sale, TimeCoin(TMCN)
The best opportunity to invest in TimeCoin(TMCN) to realize both capital and income gain. The Special Token Sale of TimeCoin...
Place 1xBit bet BTC and Win
cryptocurrency is very much valued in the modern world, because it allows fast and secure transactions in different parts of...
Hips Payment Group Launches Merchant Token (MTO), a Cryptocurrency That Will Bring Consumer Protection to Blockchain Payments
Solution supports decentralized finance (DeFi) trend with consumer protection via smart contracts. DUBLIN, Ireland (April 1, 2021) – HIPS Payment...
Best 5 Crypto Social Trading Platforms
Over the past few years, technology has brought about drastic changes in how people approach the subject of investment. As...
TimeCoin (TMCN) Special Token Sale is Live Join Now!
The Special Token Sale of TimeCoin (TMCN) was launched on February 15th, 2021, with a 93% discount on the token’s...