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🎯 About MinoTari (WXTM)
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$600 Million Volume in Ripple (XRP)! Altcoin Investor Influx!
Summary
Ripple volume has increased to $600 million.
A rise in the XRP relative strength index to 50 may bring the rise.
According to experts, Ripple may be on the rise.
Ripple (XRP) price has been stable in the last 24 hours and is at its current level of $0.47323. The level represents a small drop of 1% over the past seven days. So what is the possible move in the popular altcoin in the coming days?
Ripple Charts!
The slight drop came after a ruling in LBRY's lawsuit with the SEC, with the presiding judge not making a ruling on whether the secondary sale of LBC tokens constitutes a security offering.
While analysts are working on Ripple's chances of getting a positive result, XRP's chart may signal that it may be about to rebound, with all indicators pointing upwards. The current price of XRP could present a significant opportunity at its future level. The relative strength index climbed above 50 today after spending most of the day in decline, which could be a sign that it may be gaining momentum.
XRP Data!
Additionally, XRP's 30-day moving average is now sloping upwards after a one-week decline and looks set to surpass its 200-day average in the next week or two. Supporting this positive view, the altcoin's support level, which has seen a series of increases over the past few weeks, suggests that XRP may have dropped as low as it could be for now. Also, the trading volume keeping XRP afloat has risen again to over $600 million after spending most of the weekend under $400 million.
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