It has been a positive week for XRP (XRP) investors, with the token’s value rising 8% since last Wednesday. XRP now looks to be heading for its first
It has been a positive week for XRP investors, with the token’s value rising 8% since last Wednesday.
However, investor uncertainty is waning slightly, with XRP posting two green daily closes in a row, pushing the price back above the 20-day Exponential Moving Average . Since then, XRP has closed bullishly in 6 out of the past 8 days, marking the token’s best run of form since mid-July., while the token’s market cap has increased to $27.4 billion, positioning it as the fifth-largest cryptocurrency globally.
Exchange-traded products representing XRP added $130,000 over the past two months, indicating growing interest in the token despite the broader market’s bearish trend.
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