Ripple Coin Holds Firm While Others Tremble - Will XRP-Mania Continue?

Ripple Coin Holds Firm While Others Tremble – Will XRP-Mania Continue?

Updated: 18 July 2023

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Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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The ripple coin market continues to hold firm, while the XRP mania, which experienced an uptick in activity, has slowed down. In the last 24 hours, XRP has traded for $0.7418 with a volume of $2.410 billion. Despite a slight decline of 0.92%, the price of Ripple coin has seen an impressive 56.09% increase over the past week.

It shows how much traders are interested in and participating in XRP, which reflects the continued excitement surrounding this digital asset. Traders are actively taking advantage of the XRP mania as it grows.

XRP Trading Volume Hits Over $2 Billion

A speculative frenzy pushed XRP trading volume against the Korean won to over $2 billion on UpBit. UpBit’s total trading volume was over 50% of this volume.

U.S. court ruling clarified the status of XRP sales on exchanges, which sparked a surge in trading activity. The price of XRP initially rose a lot but later retraced some of those gains.

XRP Statistics:

XRP price now – $0.7418
XRP market cap – $38.978 Billion
XRP circulating supply – 52,544,091,958 XRP
XRP total supply – 99,988,621,362 XRP
XRP Coinmarketcap ranking – 4

Unveiling the Daily XRP Chart: Insights and Potential Impacts

Check out the daily chart for Ripple. The price is currently $0.7419. Certain resistance levels could impact the price.

Breaking above $0.7478, the initial resistance level, might not be too hard. Around $0.7798 is the next significant level to watch. It might be hard for the price to get over this level.

If Ripple can break through the $0.7798 resistance, its value will skyrocket. It might increase if the price breaks through this resistance level and attracts more buyers.

XRP can reach $0.7810 or even $0.7890 if things go well. Monitor how the market evolves and price movements unfold to stay on top of anything that might change.

The price might decline if XRP doesn’t break through the $0.7478 resistance.

Watch for the first support level around $0.7112. Additionally, $0.6901 is an important support level. These levels might prevent further Ripple price declines. Keep an eye on the market.

Market conditions can change quickly, so you should monitor price movements and trends before investing.

Alternative XRP

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