XRP Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
XRP (CRYPTO: XRP) has seen a 4.1% increase in price over the last 24 hours, reaching $0.53, despite a 3.0% decline over the past week. The coin's all-time high is $3.40. Trading volume has decreased by 35.0%, while circulating supply has slightly increased. XRP's market cap is currently ranked #6 at $29.02 billion.
January 26, 2024 | 7:00 pm
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XRP has experienced a 4.1% price increase over the last 24 hours, reaching $0.53, despite a recent weekly loss. The market cap remains robust at $29.02 billion, ranking #6.
The short-term price increase of 4.1% indicates a positive momentum for XRP, which could attract more investors and potentially lead to further short-term gains. However, the recent decrease in trading volume could suggest less market activity, possibly tempering the impact of the price rise. The slight increase in circulating supply is not significant enough to affect the price substantially.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100