XRP Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
XRP's price has decreased by 3.5% in the last 24 hours, continuing a weekly decline of 4%. Despite the price drop, trading volume increased by 8%, while circulating supply slightly decreased. XRP ranks #7 in market cap at $29.77 billion.
September 06, 2024 | 3:01 pm
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NEGATIVE IMPACT
XRP's price has fallen by 3.5% in the last 24 hours, continuing a weekly decline. Despite the price drop, trading volume increased by 8%, indicating heightened trading activity.
The 3.5% price drop in 24 hours, along with a 4% weekly decline, suggests a negative short-term trend for XRP. The increase in trading volume indicates heightened market activity, but the overall sentiment remains bearish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100