$XRP
XRP is currently trading at $2.17, with a market capitalization of $128.10 billion and a 2.06% decrease over the last 24 hours. Here's a breakdown of the analysis:
*Key Statistics:*
- *Market Capitalization*: $127.85 billion
- *Fully Diluted Market Cap*: $218.94 billion
- *Trading Volume (24h)*: $4.20 billion
- *All-Time High*: $3.39987
- *Circulating Supply*: 58.39 billion
- *Max Supply*: 100 billion
*Technical Analysis:*
- *RSI*: 57.28 (neutral outlook)
- *Moving Averages*: Neutral to bullish signals
- *Support Levels*: $1.10 (immediate), $1.00 (secondary)
- *Resistance Levels*: $1.20 (immediate), $1.25 (secondary)
*Market Trends:*
- *Short-term Trend*: Bullish, with potential volatility
- *Long-term Trend*: Neutral, influenced by regulatory clarity and market sentiment
*News and Updates:*
- *CME Group to launch XRP futures contracts*: Pending SEC approval, scheduled for May 19
- *XRPH11 ETF*: Began trading on Brazil's B3 exchange, issued by Hashdex
- *SEC vs. Ripple lawsuit*: Court of Appeals granted joint motion to pause appeal, signaling potential settlement ¹