Ripple’s XRP has made significant gains recently, surpassing the $0.60 mark. The cryptocurrency surged by 18% in the last 24 hours, reaching a high of $0.64. However, despite this impressive rally, XRP may soon encounter resistance due to potential profit-taking and ongoing market volatility.
Recent Price Action
As of August 8, 2024, XRP is trading at approximately $0.605.·
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