The value of XRP (CRYPTO:XRP) increased by 11.58% in the last 24 hours to reach $2.86 billion. Over the past week, XRP has seen an increase of over 24.0%, from 2.32 to its current price. At present, the all-time high of the coin is $3.40.
The chart below compares XRP’s price movement and volatility over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger curves, measuring the volatility of daily and weekly price movements. The wider the bands, or the larger the gray area at any given time, the greater the volatility.
The coin’s trading volume increased by 97.0% over the past week, moving in the opposite direction to the coin’s total circulating supply, which decreased by 0.78%. This brings the circulating supply to 57.49 billion, or approximately 57.49% of its maximum supply of 100.00 billion. According to our data, the current market cap ranking for XRP is $164.08 billion.
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This article was generated by Benzinga’s automated content engine and has been reviewed by an editor.
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