David

Coin

<ul class="news-points"> 
 <li><strong>Ripple’s CTO tweeted this morning that XRP’s trading volume as a percentage of its market cap is 4 times that of BTC.</strong></li> 
 <li><strong>The price of XRP dropped 0.62% over the past 24 hours to trade at $0.78 at press time.</strong></li> 
 <li><strong>Technicals suggested that XRP may drop below the $0.7660 support in the next 48 hours.</strong></li> 
</ul> 
<p>The CTO of Ripple, David Schwartz, shared in a tweet this morning that the trading volume for <a href="https://coinedition.com/tag/ripple-xrp/" target="_blank" rel="noopener noreferrer nofollow">Ripple (XRP)</a> as a percentage of its market cap is four times higher than that of Bitcoin’s. He questioned whether or not this was a positive metric to take note of.</p> 
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   <p lang="en" dir="ltr">XRP's trading volume as a percentage of market cap is four times higher than BTC's. I'm not sure if that's good, bad, interesting, or meaningless.</p>— David "JoelKatz" Schwartz (@JoelKatz) <a href="https://twitter.com/JoelKatz/status/1681724326540881920?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 19, 2023</a> 
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<p>Meanwhile, data from Lookonchain showed that an XRP whale moved 563,571 XRP tokens, valued at $462,000, from Binance in the past few days. Notably, this particular whale has withdrawn a total of two million XRP tokens, worth $1.66 million, from the exchange platform. As a result of this move, the whale has made an unrealized profit of approximately $640,000, with an average withdrawal price of $0.51.</p> 
<p>While th…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/xrp-price-prediction-what-to-expect-in-the-next-48-hours-2/">XRP Price Prediction: What to Expect in the Next 48 Hours</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

XRP Price Prediction: What to Expect in the Next 48 Hours

Coin Edition

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