XRP keeps 15.96% weekly gain despite 6.91% daily decline toward $1.50

  • XRP retained its weekly gain despite a daily retreat toward $1.50.
  • 15.96% marked XRP’s seven-day increase, while its daily loss reached 6.91%.
  • XRP remained the fifth-largest cryptocurrency by market capitalization on September 24.

XRP retained a 15.96% seven-day gain on September 24 even after falling 6.91% over 24 hours toward $1.50. CoinGecko recorded an approximately 15.9% weekly increase and a seven-day trading range of $1.29 to $1.66, while CoinMarketCap listed a daily range of $1.48 to $1.63. At $1.50, XRP was about 9.6% below the weekly high and near the lower end of its daily range. The token remained the fifth-largest cryptocurrency by market capitalization, with a $94.6 billion market cap, approximately 62.88 billion tokens circulating and $6.46 billion in daily trading volume. During the weekly advance, its daily RSI (momentum indicator measuring recent price-change speed) stood at 59, above the neutral midpoint of 50 but below the conventional overbought threshold of 70. XRP traded about 16% above its 50-day moving average. Its volume-profile point of control (price level with the highest traded volume) was $1.37, below the current price and between it and the seven-day low. The broader cryptocurrency market also weakened over 24 hours, falling 2.96% to approximately $2.86 trillion, but gained 9.6% over seven days. XRP therefore continued to outperform the wider market weekly despite its larger daily decline.

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