Genesis Trading SEC Ripple XRP Platform Genesis Trading

XRP Price Prediction as $1 Billion Trading Volume Comes In – XRP to $3 by 2023?

Reading now: 759
cryptonews.com

The XRP price is largely unchanged today, with its current level of $0.378725 representing a very modest 0.4% rise in the past 24 hours.

The altcoin is up by 14% in the past fortnight, but remains down by 16% in the last 30 days, as the ongoing fallout from the FTX bankruptcy continues to weigh down prices.XRP's price is also being influenced by the ins and outs of Ripple's long-running case with the SEC, with the coin falling a couple of weeks ago after LBRY lost a similar case.

However, with Ripple succeeding in having 14 amicus briefs filed in its favor in the past week, its particular prospects continue to look positive.As of writing, XRP's 24-hour trading volume has reduced down to $1 billion, having stood as high as $3.5 billion earlier in the month, when the FTX crisis came to boil.

This indicates a decline in volatility, which can be both positive and negative, depending on your viewpoint and the current state of the market.In terms of its indicators, XRP's price chart provides a mixed picture.

Read more on cryptonews.com
The website financemag.cash is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA