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XRP Hits $20 Billion in Trading Volume, Market Cap Nears $190 Billion Beincrypto 20 Jan 2025

XRP Hits $20 Billion in Trading Volume, Market Cap Nears $190 Billion 📈

XRP has experienced a significant 39% price surge, bringing its market cap close to $190 billion, with a trading volume hitting $20 billion in just 24 hours. Whale addresses holding substantial amounts of XRP reflect ongoing confidence among major holders.

The Chaikin Money Flow (CMF) has turned positive, suggesting accumulation and bullish momentum. However, to achieve new all-time highs, XRP must maintain key support levels.

With 301 whale addresses in play, their market influence remains strong, potentially stabilizing XRP prices against sharp declines.

XRP's bullish EMA lines suggest upward movement, while a reversal could trigger corrections.

Source: beincrypto.com ↗

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