$XRP XRP is back at the $1 mark. At 4:50 p.m. CET on Thursday afternoon, the token costs $1.02 according to CoinGecko, roughly €0.92. That is 4.6 percent less than 24 hours ago and a good 20 percent less than a week ago. The daily low and the current price coincide, and no rebound had materialised by the afternoon.
What the data shows: since September 23, aggressive sell orders have clearly outweighed buy orders for XRP on both the spot and the futures market. Our assessment follows further below. The $1 mark is the low of the year from August, and as long as the selling surplus keeps growing, it is not a safe floor. Our XRP price prediction sets out where the price could head over a horizon of months.
What the data shows: since September 23, aggressive sell orders have clearly outweighed buy orders for XRP on both the spot and the futures market. Our assessment follows further below. The $1 mark is the low of the year from August, and as long as the selling surplus keeps growing, it is not a safe floor. Our XRP price prediction sets out where the price could head over a horizon of months.
