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XRP (XRP) Rises 0.09%, Outperforms the Crypto Market Thursday

Thursday, December 30, 2021 10:52 AM | InvestorsObserver Analysts
XRP (XRP) Rises 0.09%, Outperforms the Crypto Market Thursday

XRP (XRP) has been relatively less volatile compared to the crypto market. So far Thursday, the Digital Money has added 0.09% to $0.8415765088.

volatility - 11
InvestorsObserver is giving XRP a 11 Volatility Rank. Find out what this means to you and get the rest of the rankings on XRP!

Low Volatility

InvestorsObserver gives XRP a low volatility rank of 11, placing it in the bottom 11% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. XRP's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

XRP price is well positioned going forward. With support set at $0.814670102420839 and resistance near $0.866009430709871. This positions XRP with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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