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XRP, which is now the second largest cryptocurrency after overtaking Ethereum [ETH]Market capitalization has demonstrated its capacity even in the times of destiny. The XRP is the only currency, with the exception of Stellar Lumens, which has not lost 10%.
At the time of writing, the token had plummeted 8.94%, trading at $ 0.46 with a market capitalization of $ 18.61 billion. The total volume of trade in the last 24 hours was recorded at $ 1.18 billion.
XRPUSD candlesticks of 15 minutes | Source: tradingview
However, yesterday, along with its coin co-workers, XRP support levels were violated one after the other, where support finally crashed to $ 0.43 depressed. From here, the currency has only seen an uptrend that extends from $ 0.43 to $ 0.45. This is indicative of a healing process for XRP in which it is gaining momentum on the uphill climb again.
Another sign of well-being shown by XRP was when it outperformed Ethereum to claim a prominent place. There is still a difference of about $ 60 million in their market capitalization, which is much lower than before, ie around $ 200 million.
During the past week, the highest price traded with the currency was $ 0.52 with a market capitalization of $ 21.1 billion. Before the crash, the lowest of XRPs was $ 0.49, with a market capitalization of $ 19.76 billion. After the incident, the maximum level reached by the currency was $ 0.47 with a market capitalization of over $ 19 billion, reflecting the positive efforts in the XRP market to regain control over price.
georgeb095, a Reddit user who is an enthusiastic XRP follower commented on the price change, stating:
"Good morning, it's nice to wake up in 2nd place."
To this, another user named Tone Man replied:
"And it will be even nicer to go to sleep in second place – fingers crossed."
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