XRPUSD — Ripple Price and Chart

Overview

XRPUSD chart

Key facts today

Ripple's stablecoin launch boosted XRP from under $2.4 to over $2.7, but it fell 28% to $1.96. XRP is now attempting to stay above $2.2, with a market cap under $130 billion, losing value to USDT.

XRP fell 23% since December 17 but rebounded 20%, now at $2.35 after a low of $1.95. Whale activity increased, with 80 million XRP purchased. Key levels to monitor are $2.60 resistance and $2 support.

On December 22, 2024, XRP Ledger added 1,756 new accounts, down from over 30,000 earlier this year. XRP trades at $2.43, facing resistance in a descending triangle, with support at $2.15 and $1.62.

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Key stats

About XRP

One of the old timers of the cryptoverse, Ripple was founded in 2012 as a digital payment network for businesses and institutions. Kinda like crypto’s SWIFT, if you like. And its native token XRP earns brownie points for being one of the most environmentally friendly and cheap-to-transfer cryptos — which is good considering that’s its main use case. However, since 2020, Ripple has been caught up with the SEC due to selling XRP as an allegedly unregistered security, which has been a thorn in its side for a while.