The price of the XRP cryptocurrency rose by more than 3% in 24 hours

In the last 24 hours the price of XRP (CRYPTO:XRP) rose 3.20% to $0.55; the positive trend recorded in the last week is confirmed, during which the cryptocurrency saw a rise of 12%, rising from $0.49 to its current price. The coin’s all-time high is currently $3.40.

The chart below compares the price movement and volatility of XRP over the past 24 hours (left) with the price movement over the past week (right). The gray bands are Bollinger bands, which measure volatility for both daily and weekly price movements; the wider the bands or the larger the gray area at any given time, the greater the volatility.

In the last week, the cryptocurrency’s trading volume saw a decline of 26%, while its overall circulating supply recorded +0.51% to over 55.13 billion coins; this data brings the current estimated circulating supply to 55.13% of its maximum supply, which corresponds to 100 billion. XRP’s current ranking by market cap is #8 at $30.23 billion.

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