Ripple’s stablecoin RLUSD experienced a significant boost, with trading volume increasing by 45% to exceed 113.28 million USD in just 24 hours. More investors are choosing RLUSD for its stability amid market fluctuations.
In stark contrast, XRP’s trading volume dropped by 21.16% to 4.36 billion USD, with a price decline of 5.45% following resistance at the 2.30 USD level. XRP’s price currently stands at 2.14 USD.
Despite XRP’s recent struggles, trader DonAltL remains bullish, citing the coin’s potential to reach new all-time highs. XRP’s ongoing recovery could indicate positive market sentiment if it manages to breach the 2.30 USD resistance.
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