XRP Surges to $2.18 as ETF Speculation and Market Recovery Fuel Rally 📈
XRP has rebounded after a significant decline last week, where its price nearly fell below $1. The digital asset, which hit a monthly low of $1.64 due to a broader crypto sell-off, has now recovered. This recovery is buoyed by renewed investor confidence and a stabilizing market.
Currently trading at $2.18, XRP shows a 2.31% gain over the past 24 hours and a 12.11% increase over the last week, as reported by CoinMarketCap. The previous decline in XRP's price had been coupled with a significant drop in trading volume, causing fears of a sustained bearish trend. However, trading volume has since recovered, alleviating such concerns.
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