Aug 01, 2024
Aug 01, 2024
Crypto market dropping below $2.5 trillion, XRP surged 5.93% to a peak of $0.6561
XRP's price rise is fueled by speculation of an imminent Ripple-SEC settlement.
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On-chain data reveals XRP accumulation rising, with over 10,000 XRP wallets at a six-month high.
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XRP is above its 50-day and 200-day EMAs, showing bullish momentum with a golden crossover.
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Key levels to watch: resistance at $0.7485 and support at $0.5739
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