XRP Ledger Volume Hits $49.66 Billion: Can XRP Price Reach $2?
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Analyst Ali Martinez called a bottom for XRP on Monday, October 19, after Santiment data showed XRP Ledger transfer volume jumping to $49.66 billion while the token held $1.25. He set $2 as the target of his XRP price forecast. It is a huge number on a very quiet chart. XRP trades at $1.30 today, down 0.49% in 24 hours and 4.47% over the week, inside a narrow $1.29 to $1.31 range. So did buyers show up, or did coins just change wallets? XRP: THE BOTTOM IS IN Transaction volume on the $XRP Ledger exploded last night as prices hovered around the $1.25 support. The total dollar value of coins transferred on-chain skyrocketed to $49.70 billion, coinciding with the rebound that is now taking place.
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