United

Stellar

<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
The digital currency ecosystem is gradually returning to a positive run as the combined market capitalization is paring off its losses atop 0.56% growth to $1.18 trillion. As this recovery is underway, XRP is also <a href="https://coinmarketcap.com/currencies/xrp/">wriggling out</a> of its protracted losses over the past 24 hours, and it has jumped by 0.50% to $0.468.
Amid the broad uncertainty that has gripped the crypto market, XRP has remained a visibly resilient digital currency. Relatively, it has incurred fewer losses over the trailing seven-day and monthly periods than its peers, including Stellar (XLM).
The propensity for growth for XRP is high, and one important trigger that can refuel its bullish sentiment is the reversal in its trading volume. Overnight, a total of $470.8 million in XRP coins has been traded thus far, down by 48.47%, an indication of waning interest among the cryptocurrency's retail traders.
A renewed interest in the XRP trading volume can significantly impact&nbsp;the price of the asset to new highs. With the initial target of the $0.5 price level, a little intensive buyup can help rush to this price point in the near term.
<a href="https://u.today/xrps-next-move-should-aim-upward-heres-why">card</a>
<h2 id="positivity-in-xrp-ecosystem">Positivity in XRP ecosystem</h2>
Over the past two years, XRP has been fighting a standalone battle as it was christened an investment contract in the lawsuit filed against Ripple Labs, Inc. by the United States Securities and Exchange Commission (SEC). With this battle almost over, there is growing optimism that the digital currency can finally follow a defined and unwavering growth path.
The XRPL and Ripple Labs ecosystems have also been <a href="https://u.today/xrp-saw-impressive-growth-in-q2-2023-on-chain-report">recording</a> a number of positive milestones in their developmental efforts — featuring new product launches — all of which lend bullish sentiment that can power the growth of the XRP coin in the long term.

XRP Bullish Run Might Be Triggered by This Move

Table of Contents

U_Today

Other articles published on Jul 8, 2023

SEC Approves First Leveraged Bitcoin Futures ETF, DigiToads (TOADS) and Cardano (ADA) Skyrocket

ChatGPT Remains Ahead of Competitors Despite Traffic Decline

A New Memecoin Investor Became a Millionaire in 10 Days : Know How

Britanniacoin’s Official Pre-release: introducing a unique vision for the future

Binance Announces Retirement of XRP, DOGE, and ADA Deposit Addresses

Bitcoin Mining Stocks Surge Ahead, Outperforming BTC Amid Bullish Market Trends

Join our free newsletter for daily crypto updates!