None
EN
XRP Price Prediction: Confirmed Breakout Could Push XRP to $1.40
['Alejandro Arrieche', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
XRP (XRP) has gone up by 4% in the past 24 hours to $1.15 after breaking above a trend line resistance that could set the stage for a pronounced uptick.
After days of muted activity, trading volumes are finally picking up, rising by 37% during this period, once again accounting for at least 2% of the asset's circulating market cap.
Social Sentiment Toward XRP Remains Heavily DepressedMeanwhile, Ripple USD (RLUSD), the native stablecoin of the Ripple ecosystem, has kept increasing its market cap and footprint across the crypto space.
According to the latest data, the token is ranked 12th in the stablecoin segment with a market cap of $1.6 billion.
Ripple USD (RLUSD) Market Cap – Source: CoinMarketCapIts circulating market cap has grown by around 32x just 19 months after its launch, as Ripple continues to secure licenses across multiple top-tier jurisdictions to facilitate enterprise payments.