XRP saw 2 billion dollars flow through trading markets during the past 24 hours. The fourth-largest digital currency jumped 20 percent higher than previous daily volumes. Markets bounced back after weekend selling pressure hurt investor confidence across crypto assets. CoinMarketCap data shows the massive trading surge signals renewed interest from buyers. Trading activity had slowed down during the past seven days as fear spread through digital asset markets.
Analysts watch for signs that XRP might make a major price move soon. Traders appear ready to jump back into positions after recent selling waves ended. The Federal Reserve meets to decide interest rates and could keep them at 4.5 percent. Chair Jerome Powell will speak about future policy directions that affect crypto markets. XRP traded at 2.19 dollars with gains of 2.09 percent over 24 hours.
Technical charts show XRP needs to break above key resistance levels at 2.27 and 2.38 dollars. A strong move past these price points could push the token out of its current trading range. The cryptocurrency recovered for two straight days after falling for five sessions. Market watchers expect increased volatility around major economic announcements. Volume spikes often happen before significant price changes in digital currencies.
Analysts watch for signs that XRP might make a major price move soon. Traders appear ready to jump back into positions after recent selling waves ended. The Federal Reserve meets to decide interest rates and could keep them at 4.5 percent. Chair Jerome Powell will speak about future policy directions that affect crypto markets. XRP traded at 2.19 dollars with gains of 2.09 percent over 24 hours.
Technical charts show XRP needs to break above key resistance levels at 2.27 and 2.38 dollars. A strong move past these price points could push the token out of its current trading range. The cryptocurrency recovered for two straight days after falling for five sessions. Market watchers expect increased volatility around major economic announcements. Volume spikes often happen before significant price changes in digital currencies.
