With the current bullish run of XRP, this key metric must be paid attention to
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.After weeklong price action in an erratic manner, XRP is now looking at ending the week on a bullish note.
While this growth appears sudden, there has been growing solidarity in the XRP community that is generally positioning the digital currency for a sustained bull run. While thisis inherent in the market at this time, the trading volume of XRP, which is down by 5%, must be revived in order to provide a cushion against any form of selling trade-off from a whale.
Per the outlook of digital currency, XRP remains among the biggest earners in the top 10 list of cryptocurrencies by market capitalization. In the year-to-date period, the digital currency has amassed a more than 47% price gain with the coin showing a number of visible signs of continuing this rally.
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