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Coin Edition 2024-11-30 06:28:37

XRP Hits $100 Billion Market Cap Amid Surging Trading Volume: What’s Next?

XRP Hits $100 Billion Market Cap Amid Surging Trading Volume: What’s Next?

XRP’s 16.23% rise signals strong bullish sentiment and growing market confidence. Surge in trading volume suggests heightened investor interest, fueling uptrend. Overbought conditions and key resistance levels hint at potential short-term pullback. XRP has surged in price, outperforming even Bitcoin over the past three years, according to analyst Bill Morgan. This upward trend accelerated sharply, with XRP gaining 16.23% in the last 24 hours alone. Trading at $1.71 , XRP’s market cap has exceeded $100 billion, signaling renewed investor confidence and strong market activity. XRP up over Bitcoin on 3 year timeframe pic.twitter.com/KZVzM99h8t — bill morgan (@Belisarius2020) November 29, 2024 Volume Surge Fuels XRP’s Rise The strong bullish momentum attached to XRP became evident when its price leaped from $1.47 to $1.71. This surge coincided with a dramatic 127.03% spike in 24-hour trading volume, likely fueled by major market events or significant news. This $11 billion volume spike contrasts with Ripple’s routine monthly sales of $200 million, which now seem minimal compared to this activity. XRP’s strong daily performance reflects growing m… The post XRP Hits $100 Billion Market Cap Amid Surging Trading Volume: What’s Next? appeared first on Coin Edition .

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