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Ripple price (XRP/USD) tests $0.32 on Friday morning

on Mar 1, 2019
Updated: Mar 11, 2020
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The Ripple price (XRP/USD) has edged higher following a positive Friday morning session, but it has so far been unable to make a decisive move above the $0.32 level.

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The third-largest cryptocurrency on the market had a rough session yesterday, with its price swinging between gains and losses. The digital coin rose to an intraday high of $0.317 in late afternoon trading, but that turned out to be just a minor spike. XRP finished the session at $0.315, up from its opening price of $0.313.

Ripple saw some positive price action in today’s morning session, which allowed the coin to top the $0.32 mark. The coin’s advance has slowed down in the early afternoon trading. At the time of writing, the Ripple price was hovering around $0.32, according to data from digital currency tracker Coinmarketcap.

Meanwhile, Ripple has seemingly seen a notable improvement in terms of market activity. Yesterday, the coin posted daily trading volume of $734 million, up from the $716 million generated in the preceding session. According to recent market data, around $808.5 million worth of XRP tokens have changed hands over the past 24 hours.

Earlier this week, Ripple was added to Coinbase Pro, the professional crypto trading platform of the largest US digital currency exchange, Coinbase. A breakdown of the 24-hour volume data shows that Coinbase’s XRP-based offerings account for just over 1% of the total volume. At the same time, the XRP/USD trading pair is already Coinbase’s fourth-most-traded offering, accounting for 9.4% of the volume generated by the exchange in the past 24 hours.

In today’s trading, the Ripple price stood at $0.319, as of 13:40 GMT. The digital currency has gained 2.1% in the past 24 hours, Coinmarketcap data shows. The coin’s total market cap currently stands at $13.2 billion.

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

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