XRPUSD — Ripple Price and Chart

Overview

XRPUSD chart

Key facts today

In 2024, Ripple's XRP surged over 350% since November, becoming the third-largest cryptocurrency. A ruling confirmed XRP is not a security, with analysis suggesting a potential breakout above $2.60.

XRP is trading above $2.25, targeting the $2.350 resistance after reaching a recent high of $2.348. Initial support is at $2.28, with major support at $2.240 if it fails to break the resistance.

A transfer of 30,171,667 XRP, valued at $69.2 million, was made to Coinbase from an unknown wallet. On Tuesday, XRP's price increased by 5.34% before falling 3.35%, currently trading at $2.6507.

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Key stats

About XRP

One of the old timers of the cryptoverse, Ripple was founded in 2012 as a digital payment network for businesses and institutions. Kinda like crypto’s SWIFT, if you like. And its native token XRP earns brownie points for being one of the most environmentally friendly and cheap-to-transfer cryptos — which is good considering that’s its main use case. However, since 2020, Ripple has been caught up with the SEC due to selling XRP as an allegedly unregistered security, which has been a thorn in its side for a while.