XRP Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
XRP (CRYPTO: XRP) has seen a 3.07% increase in price over the last 24 hours, reaching $0.50, despite a weekly decline of 18% from $0.61. The coin's all-time high is $3.40. Trading volume has risen by 41% over the past week, and its circulating supply has slightly decreased, making up 55.12% of its max supply. XRP's market cap ranks it 8th at $27.53 billion.
April 18, 2024 | 3:00 pm
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XRP's price has increased by 3.07% in the last 24 hours to $0.50, countering its recent 18% weekly loss. The trading volume for XRP has surged by 41%, and its market cap remains strong at $27.53 billion.
The recent 24-hour price increase and surge in trading volume indicate a positive short-term momentum for XRP, despite its recent weekly losses. The increase in trading volume suggests growing investor interest, which could potentially support further price increases in the short term. However, the recent weekly loss indicates volatility, making the future uncertain but leaning towards a positive short-term outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100