XRP charting a bullish course, here's what can fuel this rally
of its protracted losses over the past 24 hours, and it has jumped by 0.50% to $0.468.
Amid the broad uncertainty that has gripped the crypto market, XRP has remained a visibly resilient digital currency. Relatively, it has incurred fewer losses over the trailing seven-day and monthly periods than its peers, including Stellar . The propensity for growth for XRP is high, and one important trigger that can refuel its bullish sentiment is the reversal in its trading volume. Overnight, a total of $470.8 million in XRP coins has been traded thus far, down by 48.47%, an indication of waning interest among the cryptocurrency's retail traders.
A renewed interest in the XRP trading volume can significantly impact the price of the asset to new highs. With the initial target of the $0.5 price level, a little intensive buyup can help rush to this price point in the near term.
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