Time period | Change amount | % Change |
---|---|---|
1H | $ 0.001003 | 0.16% |
24H | $ 0.005409 | 0.89% |
7D | $ -0.008489 | -1.39% |
14D | $ -0.009451 | -1.55% |
30D | $ 0.02101 | 3.44% |
1Y | $ 0.316 | 51.74% |
XRP price today is $0.6107 with a 24-hour trading volume of 814.11M, and as such XRP has a market cap of 32.94B, giving it a market dominance of 2.18%. The XRP price moved 0.8857% in the last 24 hours.
XRP reached its highest price on 2018-01-07 when it was trading at its all-time high of $3.4, while its lowest price was recorded on 2014-05-22 when it was trading at its all-time low of $0.002686. The current lowest price since the last cycle high was $0.002686, and the highest price since the last cycle low was $3.4. The social sentiment of XRP is currently Positive.
The current circulating supply of XRP is 53.89B XRP. In terms of market cap, XRP is currently ranked 5.
There are two schools of thought in determining the price of XRP.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of XRP, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of XRP from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of XRP on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for XRP as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for XRP and the cryptocurrency market as a whole.
Date | Market Cap | Volume | Open | Close |
---|---|---|---|---|
2023-12-01 | $848.79M | $32.66B | $0.6058 | N/A |
2023-11-30 | $869.54M | $32.83B | $0.6091 | $0.6058 |
2023-11-29 | $935.97M | $32.88B | $0.6113 | $0.6091 |
2023-11-28 | $1.11B | $32.48B | $0.6041 | $0.6113 |
2023-11-27 | $992.35M | $33.2B | $0.6169 | $0.6041 |
2023-11-26 | $519.62M | $33.52B | $0.6232 | $0.6169 |
2023-11-25 | $1.11B | $33.46B | $0.622 | $0.6232 |
2023-11-24 | $1.05B | $33.34B | $0.6203 | $0.622 |
Website | https://ripple.com/currency/ |
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Explorers | https://blockchair.com/ripple |
Community | |
Tags | Cryptocurrency |