XRP’s Surge Breaks Records as Market Share Increases
Main Idea
XRP's price surged past $3, reaching a high of $3.05, with significant trading volume and increased market share, while experts highlight the upcoming SEC guidance as a critical factor for its future trajectory.
Key Points
1. XRP's price exceeded $3, peaking at $3.05, before settling at $3.02 due to profit-taking by investors.
2. Trading volume for XRP reached approximately $4.25 billion, despite a 15% drop compared to the previous day.
3. XRP's market share increased from 4.6% to 5%, with the 4.6%-5% range now acting as a support level.
4. Experts emphasize the importance of the SEC's upcoming guidance, expected between August 15-20, for XRP's future performance.
5. Significant profit-taking by major wallets occurred during the rally in mid-July when XRP surpassed $3.6.
Description
XRP surpassed $3, prompting significant transaction activity. Market share climbed to 5%, with investor profit-taking observed. Continue Reading: XRP’s Surge Breaks Records as Market Share Increases The post XRP’s Surge Breaks Records as Market Share Increases appeared first on COINTURK NEWS .
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