Ripple price (XRP/USD) edges lower amid nervous Monday trading

The Ripple price (XRP/USD) has fallen following a disappointing Sunday session and some nervous trading on Monday.

The second-largest digital currency on the market had a disappointing Sunday trading session, during which its price dropped to as low as $0.317. The digital coin managed to pare some of its losses in the final hours of the session and finished the day at $0.321. Still, this was well below its opening price of $0.331.

Ripple as seen some mixed trading action on Monday, with its price swinging between gains and losses. The coin struggled during the early hours of the session, tumbling to an eight-day low of $0.317, but then it bounced back to an intraday high of $0.322 toward the end of the morning session. The coin pulled back once again in the early afternoon and, according to data from digital currency tracker Coinmarketcap, it is currently trading at around $0.32.

At the same time, Ripple appears to have seen significant dip in terms of market activity. Having topped $400 million in daily trading volume in both weekend sessions, Ripple has generated only $362 million in volume over the past 24 hours. This suggest that market activity has been somewhat subdued on Monday.

ZB.com remains the most popular destination for XRP trading, having gained 13.2% of all trades during the most recent 24-hour period. BCEX is a distant second with a 7.5% share.

In today’s trading, the Ripple price stood at $0.319, as of 16:27 GMT. The digital coin has been little changed over the past 24 hours, Coinmarketcap data shows. The coin’s total market cap currently stands at $13.1 billion.

For further information on how to buy and trade Ripple, see our comprehensive Ripple guide.