Ripple Cryptocurrency Worth’s downward trend that has been going on for the last few days continues even today. At the time of writing, Ripple was trading at $2.47, which is around ₹209 in Indian Rupees. XRP has seen a decline of more than 2% in the last 24 hours, bringing its market cap to around $140.16B. however, XRP The trading volume in the last 24 hours was around $10.90B, which has seen a decline of about 12%. At present, XRP still remains the third largest cryptocurrency in the crypto market after BTC and ETH.
Expectations of rise in Ripple Cryptocurrency Worth
Although Ripple Cryptocurrency Worth managed to reach $2.84 some time ago, which increased the expectations among investors that it will soon surpass its all-time high of $3.84, but contrary to this expectation, XRP has failed to maintain its bullish momentum. Failed and also failed to touch its first target of $3. Although it is expected that Ripple Cryptocurrency Worth Bullish trend may be seen again in the coming days. If this turns out to be true, it could surpass its all-time high of $3.84.
The main reasons behind the fall in the prices of Even big cryptos like Bitcoin have been affected by this fluctuation and after crossing the $100K milestone, it is currently trading at $99,071. A similar pattern has been seen in the prices of XRP also. But anything can happen in the crypto market at any time, so it is not possible to confidently predict the price of any crypto.
Conclusion
The recent drop in Ripple (XRP) prices is a result of crypto market fluctuations, which have also affected major cryptocurrencies like Bitcoin and Ethereum. However, XRP’s all-time high of $3.84 still remains a possibility and some experts believe that it may see an uptrend in the coming days. Despite this volatility, there could be a sudden change in the crypto market, which could cause XRP prices to recover again.
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