Browsing: XRP

Ripple (XRP) price declined by 3.49% to $1.31 over the past 24 hours, amidst a surge in trading volume on Tuesday. With the broader market moving lower, XRP underperforms amid macro-driven risk aversion and a lack of immediate bullish catalysts.

XRP is seeing an early rally, with a 2% uptick to $1.36 on Monday, as the market reacts to Brad Garlinghouse, Ripple’s Chief Executive Officer, CEO’s recent bullish remarks. Its trading volume spiked 57% to $1.6 billion, reflecting renewed buying interest after sell pressures last week.

XRP’s target price has been raised by a slew of crypto analysts and firms, citing increased adoption from Wall Street giants, including Goldman Sachs. During early trading hours, investors began taking positions, with trading volume rising about 20% intraday to approximately $2.4 billion on Friday.