After a few weeks with the blockchain payment giant’s native digital currency remaining reddish, the sentiment on XRP is now changing from bearish to bullish as XRP bulls have started to break into the cryptocurrency market. The coin looks forward to maintaining its crucial support level of $ 0.70. One big push can help the coin hit that price mark.
At the time of writing, XRP is valued at around $ 0.6452 with a positive rate of change of 24.07 percent over the past 24 hours.
XRP statistical data
The market cap of XRP is around $ 29,837,660,949 of the total market cap of the cryptocurrency market.
$ 4,902,236,275 is the coin’s 24-hour trading volume.
The circulating supply of the transfer coin moves around the figure of 46.24 billion XRP.
XRP price analysis
If we look at the seventh digital currency’s performance over the past seven days, we can see that it was not good as the overall sentiment of XRP was bearish and the trendline was down. In the past few days, however, the price of XRP has started to rise and the trendline showed an upward move, signaling the entry of XRP bulls that have started to invade the market. The price is in the market now. But the general sentiment of the coin is still bearish right now as the price drops on a weekly basis.
Currently, XRP is around $ 0.64 with a positive rate of change in price over the past 24 hours. The current goal of the coin is to gain support at the $ 0.70 level, which will help the coin move forward and gain momentum in order to enter the up cycle. The short-term goal for the seventh-placed cryptocurrency is USD 0.85, which the coin is expected to reach in the next few weeks.