Currently, the price of XRP (Ripple) is around $2.13, with a 24-hour trading volume of around $4,119,014,299.

XRP Chart Analysis:

In technical analysis, XRP has shown a consolidation pattern between the $2.20 to $2.72 levels since December 3, 2024. This pattern indicates a vulnerable consolidation phase, especially if the lower limit at $1.90 is broken.

Latest News:

Price Gain: XRP rose by around 4% to $2.13, making it one of the cryptocurrencies that ended positively in December, up more than 8% from the beginning of the month. This increase was influenced by hopes that the administration of President-elect Donald Trump would ease legal pressure on Ripple Labs regarding the case with the SEC.

Price Drop: However, the price of XRP fell by 4.3% to just below $2.02, with a 26% decline in the past month. This decline erased most of the significant gains that occurred after Donald Trump's victory in the US election. Nevertheless, some analysts predict potential growth for XRP in 2025.

Market Capitalization Increase: On December 2, 2024, XRP managed to surpass Tether and become the third largest cryptocurrency by market capitalization, reaching around $150 billion. This increase was driven by hopes of more cryptocurrency-friendly regulatory changes under the new US administration.