XRP Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
XRP's price has fallen 3.25% to $0.52 in the past 24 hours, contrasting its positive trend over the past week where it gained 1.0%. XRP's trading volume has increased 36.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.34%. The current market cap ranking for XRP is #5 at $27.85 billion.
August 30, 2023 | 3:00 pm
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NEGATIVE IMPACT
XRP's price has fallen 3.25% in the past 24 hours, despite a 1.0% gain over the past week. The trading volume has increased 36.0% over the past week, indicating increased activity.
The decrease in XRP's price over the past 24 hours, despite a positive trend over the past week, could potentially indicate a short-term bearish sentiment among investors. The increase in trading volume suggests heightened activity, which could further influence price movements.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100