XRP Cryptocurrency Down Momentum With A 25% Drop In The Last 7 Days

XRP (XRP-USD) Cryptocurrency is currently on bearish momentum by 25.02% in the last 7 days. At 07:33 EST on Monday, 21 June, XRP (XRP-USD) is at $0.66.

Volume

Today’s last reported volume for XRP is 4297113093 which is 39.7% below its average volume of 7126499921.73.

All TIme High and Low

XRP’s current value is at $0.66 which is 80.29% below its all time high of $3.4 at Sunday, 7 January.

XRP’s current value is at $0.66 which is 24834.81% above its all time low of $3.4 at Thursday, 22 May.

Market Cap and Supply

XRP’s current market cap is at 30975576888

XRP (XRP-USD) Range

Concerning XRP’s daily highs and lows, it’s 0.66% up from its trailing 7 days low of $0.66 and 28.56% down from its trailing 7 days high of $0.93.

Social Status

Currently, XRP (XRP-USD) has 1886307 Twitter followers and 320321 Reddit subscribers.

As of now, on Github, there are 1222 forks, 3877 stars, and 505 subscribers.

Volatility

XRP’s last week, last month’s, and last quarter’s current volatility was a negative 1.71%, a negative 1.00%, and a positive 6.70%, respectively.

XRP’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.88% (last week), 5.98% (last month), and 6.70% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, XRP’s crypto is considered to be overbought (>=80).

Other News About XRP (XRP-USD)

According to FX Empire on Monday, 21 June, “Binance Coin (+1.53%), Litecoin (+1.50%), Polkadot (+1.75%), and Ripple’s XRP (+2.07%) trailed the front runners, however.”, “At the time of writing, Ripple’s XRP and Chainlink were down by 1.38% and by 1.33% respectively to lead the way down.”

News about Bitcoin

Danske bank keeps Bitcoin ban despite rising client interest. According to Bloomberg Quint on Friday, 18 June, “Danske Bank A/S said it will maintain a ban preventing the trading of Bitcoin and other cryptocurrencies on its platforms, despite clear interest from clients to experiment with such assets.”, “And it listed carbon emissions from the vast computer power needed to mine Bitcoin as a further reason to adopt a “very cautious approach” toward such assets.”

Bitcoin drops as China intensifies crypto mining crackdown. According to CNBC on Monday, 21 June, “And some industry efforts have been launched – including the Bitcoin Mining Council and the Crypto Climate Accord – in an effort to reduce cryptocurrencies’ carbon footprint.”

Is Bitcoin an investable asset class? Goldman Sachs analysts are divided over this. According to FX Empire on Friday, 18 June, “The investment bank has changed its decisions on Bitcoin numerous times over the past few years. “, “Last year, the Bitcoin published a presentation detailing reasons why it thinks Bitcoin is not an investable asset class.”

More news about XRP (XRP-USD).