XRP rallies 10% in a day amid slowdown; Here’s why

XRP rallies 10% in a day amid slowdown; Here’s why

Even though the majority of assets in the cryptocurrency market have started to slow down or even consolidate their gains, XRP is rushing on, driven by the positive narrative around the case between Ripple and the United States Securities and Exchange Commission (SEC).
Specifically, XRP has already rallied more than 10% in a single day, adding up to the 23.68% increase over the previous week and 31.28% over the past month, while it has also grown its value by over 100% in 2023, according to the most recent information retrieved by Finbold on November 6.
XRP 24-hour price. Source: Finbold
At press time, the XRP token was changing hands at $0.6878, getting extremely close to breaking the critical psychological price level at $0.70, last seen in July, following Ripple’s massive victory in the SEC case that saw Judge Analisa Torres declare that all retail sales of XRP were non-securities sales.
Meanwhile, the token has also received a massive influx of $3.49 billion to its market capital

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We współpracy z: https://finbold.com/xrp-rallies-10-in-a-day-amid-slowdown-heres-why/

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