XRP's Price Increased More Than 28% Within 24 hours

XRP's XRP/USD price has increased 28.1% over the past 24 hours to $0.90. Over the past week, XRP has experienced an uptick of over 59.0%, moving from $0.55 to its current price. As it stands right now, the coin's all-time high is $3.40.

The chart below compares the price movement and volatility for XRP over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has risen 827.0% over the past week diverging from the circulating supply of the coin, which has decreased 0.01%. This brings the circulating supply to 56.93 billion, which makes up an estimated 56.93% of its max supply of 100.00 billion. According to our data, the current market cap ranking for XRP is #7 at $51.50 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.