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Thursday the price of Ripple (XRP / USD) decreased, failing to maintain the strong positive momentum enjoyed in the previous session.
The third largest digital currency on the market had a successful trading session yesterday, especially in the afternoon, when it rose above the $ 0.37 threshold. In the last hours of the session, Ripple reached a maximum of four days of $ 0.378, before ending the session at $ 0.375. This was well above the XRP opening level of $ 0.365.
However, the cryptocurrency could not maintain the positive momentum in today's session. It suffered a sharp decline in early trading, falling below the threshold of $ 0.37. The currency continued to fall for the rest of the morning session, falling to a minimum of $ 0.363. The currency managed to stop its descent in the early afternoon and is currently around $ 0.365.
Yesterday's rally was supported by increased market activity, as evidenced by the daily trading volume of the currency, which reached $ 543 million on Wednesday, almost $ 100 million more than the volume generated in the previous session. In comparison, today's market activity has been subdued.
According to recent market data, about 515 million dollars of XRP tokens have changed in the last 24 hours. ZB.com remains the most popular destination for Ripple trading, having captured the 11.5% of all transactions in that period. The Japanese trading platform Bitbank is in second place with a share of 8.7%. The world's largest cryptographic exchange, Binance, has captured 8.3% of the 24-hour volume.
In today's trading, Ripple's price was $ 0.365, at 13:56 GMT. The digital currency has lost 0.4% of its value in the last 24 hours, based on the Coinmarketcap digital tracker data. The total capitalization of the currency is currently $ 14.9 billion.
For more information on how to buy and trade Ripple, see our comprehensive Ripple guide.
