Xrp stock price chart current readings from the xrp stock

Current readings from the xrp stock price chart point to a test of major resistance lines in the next trading sessions, with sentiment leaning positive on increased network transaction counts supporting fundamental value. While XRP is up more than 370% during the past 12 months, it hasn't been a nice, smooth ride. At one point this summer, XRP was in danger of dropping below $2. Sustainability firm VivoPower International announced Wednesday it had raised a further $19 million to support its recently launched XRP treasury strategy. The xrp stock price chart shows notable clustering of candlesticks near the $0.53 mark, a price congestion zone. This horizontal clustering is often a prelude to strong directional escapes.