Price Analysis: The Price Of Ripple (XRP) Rises More Than 4% In 24 Hours
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Price Analysis: The Price Of Ripple (XRP) Rises More Than 4% In 24 Hours

Over the past 24 hours, the price of Ripple (XRP) has risen 4.1% to $0.53. 

XRP Price Chart | Source: Coinstats


This is contrary to its negative trend over the past week where Ripple (XRP) has experienced a 3.0% loss, moving from $0.54 to its current price. As it stands right now, the coin’s all-time high is $3.40.

See Also: Price Analysis: The Price of Monero (XMR) Rises More Than 3% In 24 hours

The chart below compares the price movement and volatility for XRP over the past 24 hours (left) to its price movement over the past week (right). 

XRP Price and Volatility Chart


The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has tumbled 35.0% over the past week while the circulating supply of the coin has risen 0.04%. 

XRP Circulating Supply and Trading Volume Chart


This brings the circulating supply to 54.37 billion, which makes up an estimated 54.37% of its max supply of 100.00 billion. 

According to our data, the current market cap ranking for XRP is #6 at $29.02 billion.

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