XRP Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
XRP's price has decreased by 4.99% over the past 24 hours to $0.47, continuing its downward trend over the past week of -5.0%. The trading volume for the coin has risen 22.0% over the past week while the circulating supply has decreased 0.08% to 53.08 billion. The current market cap ranking for XRP is #6 at $24.94 billion.
September 11, 2023 | 3:00 pm
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XRP's price has decreased by 4.99% over the past 24 hours, continuing its downward trend over the past week. The trading volume has risen 22.0% over the past week while the circulating supply has decreased 0.08%.
The decrease in XRP's price over the past 24 hours and the past week indicates a bearish trend. The increase in trading volume suggests that more investors are selling their holdings, which could further drive down the price. The decrease in circulating supply could potentially limit the downward pressure on the price, but it's not enough to reverse the trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100