XRP, a cryptocurrency, has experienced a significant increase in market capitalization, reaching $137.83 billion from $124.57 billion in just 24 hours. Its price climbed from a low of $2.01 to an intraday high of $2.44, signaling a potential recovery and continued bullish movement. Trading activity surrounding XRP has also seen explosive growth, and it is currently trading above its 200-day simple moving average, indicating long-term bullish momentum. Market analysts are cautiously optimistic about XRP's performance but highlight the potential for market volatility. The possibility of a breakout above resistance adds speculative excitement to the market.
- Content Editor ( finbold.com )
- 2025-01-02
XRP skyrockets as market cap jumps $13 billion in a day