XRP adds $6 billion in a day; Is $3 next?
XRP is experiencing a notable increase in buying pressure, potentially laying the groundwork for a push toward the key $3 resistance level. Over the past 24 hours, XRP’s market capitalization has surged by approximately $6.25 billion, rising from $127.97 billion to $134.22 billion. XRP one-day market cap chart. Source: CoinMarketCap This influx of capital is reflected in the price action, with XRP currently trading at $2.29, up more than 4% on the day and nearly 6% over the past week. XRP seven-day price chart. Source: Finbold From a technical standpoint, XRP is hovering around its 50-day simple moving average (SMA), a level often viewed as a critical short-term trend indicator. The price remains well above its 200-day SMA at $1.90, reinforcing the asset’s longer-term bullish trajectory. Meanwhile, the 14-day Relative Strength Index (RSI) stands at 46.61, suggesting neutral momentum but leaving room for considerable upside. XRP’s path t...