According to CoNSS data, the US -based crypto currency exchange Kraken has suddenly increased by 203 %of XRP’s hourly trading volume.
Process Volume and Price Movement
This rise took place when investors who want to benefit from the recent market volatility turned to XRP. XRP, which ranks third in terms of market value, continues to attract the attention of spot investors, especially in the USA. In this interest, Rex-Oosprey ETFs play an important role in the fact that the SEC’s 75-day assessment will receive approval and XRP ETF products will be released soon.
In the last 24 hours, the transaction volume of XRP has exceeded $ 73.5 million in the last 24 hours. With this performance, XRP was among the most traded assets in the stock market. According to CoinMarketcap data, the general transaction volume reached 6.67 billion dollars in 24 hours and increased by 31 %. While an upward movement was observed throughout the crypto market, the XRP strongly joined this rise.
Exceeding price resistance XRP
The XRP increased by 3 %in early hours of Saturday morning and reached $ 3,14. The XRP, which continued its rise from the bottom of $ 2.69 on September 1, entered the four -day rise series. Since August 19, the price of $ 3,01, which has been in front of the price in front of the price, was finally exceeded. The XRP increases up to $ 3,18 and moves towards $ 3,38 and $ 3.66, the next resistance levels. If these levels are permanently exceeded, the target can be 4 dollars.
In addition to ETF expectations, institutional purchases are also effective in the rise of XRP. “The XRP may have entered a powerful break process both in technical and regulation fronts,” said analysts predict that the price may be permanent over $ 4 if the ETF is approved. Also Ripple 
$3.12The advantages of the SEC Case also increase investor confidence.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
