$ 3 billion XRP as price makes U-turn

XRPThe fourth largest cryptocurrency in the market, trades as a broader crypto market faces selling pressure in the early wounded session.

The market is on the edge because investors predict the inclination of key economic data. Investors sharply predict the party of fresh economic data that will provide insight into the health of the American economy. Also, the price index of personal consumption in March is expected, a favored federal reserves inflation meter is envisaged.

Bitcoin and most cryptian property traded in red, with $ 328 million in liquidations in the last 24 hours, according to Koinglas.

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Sam XRP is not immune to a bear trend, down 6.35% in the last 24 hours to $ 2,135, and will mark the second day of falling days.

$ 3 billion XRP reached in 24 hours

According to coinmarketcap dataXRP trading volume exceeded three billion dollars in the last 24 hours, although the price price remains in red.

This decline comes after Bullish attempts to break the levels of key resistance, especially for $ 2.19, and so far it has so far failed to produce a lasting break. The retail prices suggests short-term profit or cooling period after recent sets.

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The recent price drop has seen XRP below the SMA daily 50 to $ 2.19, with the goal of $ 2.02, which matches the SMA 200 Lima, if further refused.

According to Slinka, XRP Hot Capital has risen 0.92 billion dollars 28. to 2.17 billion dollars 28. April, indicating an increase in 134.9%. Despite this leap, metric remains almost 72% below its December 2024. Year in the amount of 7.66 billion dollars.

Spike in the scope for trading, however, can signal that customers and sellers actively reposition in anticipation of the next move.