XRP has experienced significant volatility in the past few days, dropping from $2.60 to below $2. However, since December 21, XRP has stabilized above $2.20 and is currently trading around this level.
- This volatility has sharply increased trading volume, especially on Binance. According to CryptoQuant, XRP is the most traded altcoin on Binance Futures with a volume of around $116 billion in December.
- Analyst Ali Martinez stated that the $2.20 level is crucial for XRP's future price. If it holds, XRP may target the resistance level of $2.70. Conversely, if it breaks down, the price could fall to $1.96.
Currently, XRP is up 3% on the day but down 11% over the past week with a 24-hour trading volume of about $7 billion. 📈