XRP (CRYPTO:
| Cryptocurrency | Price | Market capitalization | 24 hour trend | 7 day trend |
| XRP (CRYPTO:XRP) | $2.68 | $152.9 billion | +12.5% | +25.8% |
| Bitcoin (CRYPTO:BTC) | $107,300 | 2100 trillion dollars | +3.4% | +10.5% |
| Ethereum (CRYPTO: ETH) | $4,008 | $482.8 billion | +3.0% | +8.9% |
Trader analysis
Widely followed trader Credibull Crypto announced his target prices in xwith the goal of XRP reaching between $20 and $30 in an unspecified time frame.
Veteran trader DonAlt shared a brief technical analysis, highlighting the range high around $2.65 as a critical threshold for XRP. If this breaks to the upside, the trader expects the price of XRP to “probably double again.”
This range breaks to the upside and XRP prolly doubles again pic.twitter.com/gr4OLqDIhd
— DonAlt (@CryptoDonAlt) December 16, 2024
XRP Statistics
Analytics site Coinalyze shows that open interest for XRP has increased more than 20% in the last 24 hours, compared to increases between 3% and 4% for Bitcoin and Ethereum. XRP occupies the fourth position with $3.1 billion in open interest, indicating an increase in interest from traders.
More Read
Community News
The technical director David Schwartz expressed optimism around the launch of RLUSD in a post on
In another post, Schwartz had warned overly excited investors that RLUSD is not a “get rich opportunity,” pointing out the fear-of-missing-out-driven nature of cryptocurrency investing.
Ripple had obtained approval from the New York State Department of Financial Services for RLUSD the previous week.
You can also read: Mark Cuban compares bananas to Bitcoin: ‘I would rather have bananas’
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