Since 2020, XRP has struggled to remain relevant and valuable to its investors. The US Securities and Exchange Commission’s attack on the project brought a drastic decline that no one expected. However, amid the ongoing case, XRP showed resilience, leading supporters to commend it as an asset to watch.
Even though the price has seen some pullbacks and rallies, the trend aligns with the fluctuations in the overall crypto market due to environmental factors. But today, the global market cap is up by 0.06%. XRP surpassed the first five assets with a 2.33% price gain in 24 hours.
XRP Price Gains Even With Declining Network Activities
The current price outlook for XRP is positive. The controversial asset trades above its 50-day and 200-day simple moving averages.
XRP price is $0.4814, with a 2.33% increase in 24 hours. Its seven-day price gains also show an addition of 5.89% in the same time frame. The hourly price change is also green, and CoinMarketCap data indicates the asset rec
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