Ripple's XRP has been one of the cryptocurrencies that has been able to remain relatively stable during ongoing market fluctuations. Indeed, it has added 0.62% to its price in the last 24 hours and remains in a relatively narrow range around $0.48. 📈

At the time of writing, XRP's trading volume has increased by 100% in the last 24 hours, according to CoinMarketCap data. Combined with the relative stability in XRP's price, this leads to the conclusion that the cryptocurrency's current trading range is significant and will likely lead to a significant move. 📊

The ongoing litigation between Ripple and the United States Securities and Exchange Commission could be another major factor weighing on XRP's price and volatility in general. The outcome of this case will determine whether XRP will be classified as a security in the eyes of regulators, which will likely be an important consideration for both new and existing investors. The case is currently at trial and does not look like it will end anytime soon, meaning the XRP market is likely to miss out on volatility until this happens.