$XRP
The current price of XRP is approximately $3.03 USD, recording a slight decline of ~–1.94% compared to the previous close. The daily trading range has fluctuated between $2.98 and $3.10.
The market cap is estimated at around $180 billion USD, making it one of the largest cryptocurrencies in the market.
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Market Movements and Latest News
XRP has seen a rapid increase of ~8.6% over the last 23 hours, from $2.83 to $3.03, amid a massive trading volume that is nearly 5 times the daily average.
Analyst CryptoBull anticipates a potential rise in price to the range of $7–$8 in the coming weeks if the current momentum persists.
According to EGRAG CRYPTO's analysis, the level of $2.73 is a critical support, while $3.30 forms a pivotal breakout point—remaining above support strengthens the bullish outlook.
Despite a previous sharp drop of ~22% to $2.73, some traders believe that this decline could form a strong rebound point upwards.
There are expectations where some analysts following the Elliott Wave theory are enthusiastic that XRP is at the beginning of the fifth wave, targeting levels that could reach $13 or even $18.
From a regulatory standpoint, trading activity has been noted to increase despite the postponement of ETF decisions related to XRP—reflecting regulatory pressure amid anticipation of new sales and funds.