- XRP price rose by 5.33% in the last 24 hours, trading at $2.3643.
- Trading volume reached 483.24 million, indicating strong market activity after recent volatility.
- XRP is showing resilience with significant price recovery from the recent dip, backed by active investor sentiment.
XRP has demonstrated a steady price recovery after its recent sharp corrections. As of December 6, 2024, CoinMarketCap shows that XRP is trading at $2.3643, reflecting a 5.33% increase over the last 24 hours. The day’s range saw XRP fluctuate between a low of $2.2252 and a high of $2.4150, showcasing moderate price stability following last week’s significant rally.
Trading volume for the day stood at 483.24 million, highlighting robust investor activity and renewed interest in XRP after its recent pullback. Market sentiment appears to remain bullish, with many investors capitalizing on the token’s volatility.
Recovery in Context
The recent rally of XRP, which saw the token surging to over $3 earlier this week, followed by a significant price correction, aligns with the broader crypto market trends. XRP’s sustained performance indicates resilience as it continues to attract attention from both retail and institutional investors.
