XRP Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
XRP (CRYPTO: XRP) has seen a 4.65% price drop in the last 24 hours, continuing a negative trend with a 7.0% decrease over the past week. The trading volume has fallen by 26.0%, while the circulating supply has slightly increased. XRP's market cap ranking is currently #6, valued at $28.64 billion.
January 22, 2024 | 3:02 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
XRP has experienced a significant price decline of 4.65% in the past day and a 7% loss over the week, with a decrease in trading volume and a slight increase in supply.
The price drop and decrease in trading volume indicate a bearish short-term sentiment among investors, which could lead to further declines in the short term. The increase in circulating supply may also put downward pressure on the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100